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Latest Fact-Checks In Economy

Clear
Glenn Kage
Glenn Kage
stated on September 16, 2019 a Missouri Times interview
"General Motors is making record profits."
Half-True
By Caitlyn Rosen • October 25, 2019
Bernie Sanders
Bernie Sanders
stated on October 19, 2019 a rally in New York City
Says Congress gave Wall Street "trillions of dollars of zero interest loans."  
Half-True
By Jon Greenberg • October 25, 2019
Tom Steyer
Tom Steyer
stated on October 15, 2019 a Democratic presidential debate
"People haven't had a raise -- 90 percent of Americans have not had a raise for 40 years."
Half-True
By Chris Nichols • October 16, 2019
Andrew Yang
Andrew Yang
stated on September 21, 2019 Iowa Steak Fry speech
Says about universal basic income, "Thomas Paine was for it at our founding ... Martin Luther King, champion in the ‘60s, called it a guaranteed minimum income for all Americans… It passed the U.S. House of Representatives twice in 1971."
Mostly True
By Miriam Valverde • October 16, 2019
Julián Castro
Julián Castro
stated on October 15, 2019 a debate
"Ohio, Michigan, and Pennsylvania actually in the latest jobs data have lost jobs, not gained them."
False
By Louis Jacobson • October 16, 2019
Kevin Brady
Kevin Brady
stated on October 7, 2019 a tweet
Says the Associated Press was wrong to report that "Income Inequality grew to largest in 50 years" because in a "new Census report all four measures of income inequality SHRUNK, reversing rise over past five decades."
Mostly False
By Madlin Mekelburg • October 12, 2019
Ron Johnson
Ron Johnson
stated on July 15, 2019 a tweet
"Republican policies have led to business investment growth that’s 10 times faster than what we saw under President Obama."
Mostly False
By Mica Soellner • October 9, 2019
Joe Biden
Joe Biden
stated on September 21, 2019 a campaign appearance in Iowa
"We’re no longer the wealthiest middle class in the world."
Mostly True
By Amy Sherman • October 4, 2019
Donald Trump
Donald Trump
stated on September 22, 2019 a speech
"For the first time in history, most new hires of prime working age are minorities and women."
Half-True
By Miriam Valverde • September 27, 2019
West Virginia Republican Party
West Virginia Republican Party
stated on August 27, 2019 a tweet
"Women’s unemployment has been lower under President Trump than it’s been in nearly 70 years."
Mostly True
By Caroline Cassedy, Karli Celestin • September 26, 2019
Donald Trump
Donald Trump
stated on September 9, 2019 a rally in Fayetteville, N.C.
China has "had now the worst year in 57 years."
Mostly False
By Bill McCarthy • September 10, 2019
Stanley Greenberg
Stanley Greenberg
stated on September 9, 2019 his book, "RIP GOP"
"What was the reality for most Americans during the Obama presidency? Most lost wealth and their incomes fell, particularly for those at the bottom of the ladder."
Mostly True
By Louis Jacobson • September 10, 2019
Tom Reed
Tom Reed
stated on August 20, 2019 a Tweet
After the Tax Cuts and Jobs Act, "the typical American worker’s pay growing at more than 3 percent a year, record low unemployment."
Half-True
By Jill Terreri Ramos • September 6, 2019
Ivanka Trump
Ivanka Trump
stated on August 20, 2019 a tweet
"Since the passage of Tax Cuts, real disposable personal income per household has increased $5,205."
Mostly True
By Louis Jacobson • August 22, 2019
Donald Trump
Donald Trump
stated on August 21, 2019 remarks at the White House
"Yesterday we had the strongest dollar in the history of our country."
False
By Louis Jacobson • August 22, 2019
Kamala Harris
Kamala Harris
stated on August 12, 2019 a CNN interview
It "is estimated that as many as 300,000 auto workers may be out of a job before the end of the year." 
False
By Chris Nichols • August 21, 2019
Elizabeth Warren
Elizabeth Warren
stated on July 22, 2019 a post on Medium
"The country is now in a manufacturing recession."  
Half-True
By Jon Greenberg • July 26, 2019
Donald Trump
Donald Trump
stated on July 9, 2019 Twitter
"Food Stamp participation hits 10 year low."
True
By Stefanie Pousoulides • July 16, 2019
Bernie Sanders
Bernie Sanders
stated on July 10, 2019 an op-ed in the Washington Post
"42 percent of (Walmart’s) associates are black."
False
By Jon Greenberg • July 12, 2019
Donald Trump
Donald Trump
stated on June 30, 2019 remarks to South Korean business leaders
"We hadn’t had a (car) plant built in years — in decades, actually. And now we have many plants being built all throughout the United States."
Mostly False
By Jon Greenberg • July 9, 2019
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