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Latest Fact-Checks In Economy

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Barack Obama
Barack Obama
stated on October 6, 2011 a press conference at the White House
The Arab Spring … "drove up gas prices."
Half-True
By Louis Jacobson • October 7, 2011
Nancy Pelosi
Nancy Pelosi
stated on September 17, 2011 an interview on MSNBC's "Up with Chris Hayes"
More private-sector jobs were created in the second year of the Obama administration than in the eight years of the Bush administration.
Half-True
By Louis Jacobson • September 20, 2011
Ron Paul
Ron Paul
stated on September 12, 2011 a Republican presidential debate in Tampa
"170,000 of the jobs" created in Texas under Gov. Rick Perry "were government jobs."
Half-True
By Louis Jacobson • September 14, 2011
Bob Buckhorn
Bob Buckhorn
stated on September 2, 2011 in an interview on WEDU-TV
"One international flight a day in a wide-bodied jet ... one flight daily generates $150 million a year and approximately 2,300 jobs."
Half-True
By Becky Bowers • September 12, 2011
Rick Perry
Rick Perry
stated on September 7, 2011 a Republican presidential debate.
"When you look at what we have done over the last decade, we created 1 million jobs in the state of Texas. At the same time, (the rest of) America lost 2.5 million."
Half-True
By W. Gardner Selby • September 11, 2011
Jon Huntsman
Jon Huntsman
stated on September 7, 2011 a Republican presidential debate at the Reagan Presidential Library
Utah was "the No. 1 job creator in this country during my years of service" as governor, with a 5.9 percent increase in jobs.
Half-True
By Louis Jacobson • September 8, 2011
National Republican Senatorial Committee
National Republican Senatorial Committee
stated on August 23, 2011 a news release
Sherrod Brown "has stood side by side" with President Barack Obama, presiding "over the most rapid increase in the debt over the last 2.5 years" and hurtling toward " the worst jobs record in the modern era."
Half-True
By Stephen Koff • September 8, 2011
Rick Perry
Rick Perry
stated on August 13, 2011 a campaign video on his website
Says the national debt and President Barack Obama's "refusal to control spending led to our nation's credit rating being downgraded for the first time in history."
Half-True
By Meghan Ashford-Grooms • August 30, 2011
Rob Portman
Rob Portman
stated on July 19, 2011 a television interview
"We rank below Ethiopia, I'm told, in terms of our exports per capita, well below any of the other developed countries we trade with, and well below China and (South) Korea."
Half-True
By Tom Feran • August 25, 2011
Mike Villarreal
Mike Villarreal
stated on August 6, 2011 a Texas Capitol rally.
Says that before Rick Perry became governor, "only 4 percent of our total labor force was a minimum wage job ... Today, that number has more than doubled (to) 9.5 percent."
Half-True
By W. Gardner Selby • August 24, 2011
Marco Rubio
Marco Rubio
stated on July 29, 2011 an e-mail
"If the debt ceiling is surpassed, our nation will not go into default as some suggest."
Half-True
By Amy Sherman, Louis Jacobson, Martha M. Hamilton • August 2, 2011
Bernie Sanders
Bernie Sanders
stated on July 18, 2011 a tweet
"Since 2000, nearly 12 million Americans have slipped out of the middle class and into poverty."
Half-True
By Louis Jacobson • July 20, 2011
Gary Johnson
Gary Johnson
stated on July 14, 2011 an interview with the 'New Hampshire Business Review"
"New Mexico is the second Hollywood" because of tax incentives for the film industry.
Half-True
By John Gregg • July 15, 2011
Crossroads GPS
Crossroads GPS
stated on July 14, 2011 a television ad
"Our country's got this huge debt, and (President Barack) Obama says raise taxes and keep spending more."
Half-True
By Louis Jacobson • July 14, 2011
Shaun Donovan
Shaun Donovan
stated on July 3, 2011 an interview on CNN's "State of the Union with Candy Crowley"
Housing prices dropped for the 30 months prior to Barack Obama taking office, "and they have stabilized, they've been about flat since the president came in."
Half-True
By Louis Jacobson • July 6, 2011
Steve Case
Steve Case
stated on July 3, 2011 an interview on CNN
"Forty percent of the Fortune 500 were started either by immigrants or children of immigrants."
Half-True
July 6, 2011
Richard Swett
Richard Swett
stated on June 21, 2011 a conference call with reporters.
Says that in 2009, Jon Huntsman "said that the Recovery Act wasn't large enough and as governor he asked for $14.4 billion in federal stimulus funds. Now he's saying that he never supported it."
Half-True
By Jake Berry • July 3, 2011
Rick Perry
Rick Perry
stated on June 14, 2011 a cameo interview.
"Since June 2009, about 48 percent of all the jobs created in America were in Texas."
Half-True
By W. Gardner Selby • June 26, 2011
David Axelrod
David Axelrod
stated on June 19, 2011 a CNN interview
When Mitt Romney was governor, Massachusetts ranked 47th out of 50 states in job creation.  
Half-True
June 22, 2011
Newt Gingrich
Newt Gingrich
stated on June 13, 2011 a Republican presidential debate
If today's economy was rebounding at the rate of the "Reagan recovery," it would have created the equivalent of 25 million new jobs and raised federal revenue by $800 billion a year.
Half-True
By Louis Jacobson, Willoughby Mariano • June 14, 2011
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