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Latest Fact-Checks In Economy

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Newt Gingrich
Newt Gingrich
stated on June 13, 2011 in 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
Brian Deese
Brian Deese
stated on June 2, 2011 in a telephone news conference:
"We've seen 115,000 jobs created in the American auto industry since GM and Chrysler emerged from bankruptcy."
Half-True
By Stephen Koff • June 9, 2011
Texas Public Policy Foundation
Texas Public Policy Foundation
stated on April 25, 2011 in a television ad that ran through May 20:
Says that in the last five years, Texas "created more jobs than all other states combined."
Half-True
By Meghan Ashford-Grooms • May 29, 2011
Newt Gingrich
Newt Gingrich
stated on May 15, 2011 in an interview on NBC's "Meet the Press":
President Barack Obama deserves to be called "the most successful food stamp president in American history" because "47 million Americans are on food stamps."
Half-True
By Louis Jacobson • May 16, 2011
Ron Paul
Ron Paul
stated on May 5, 2011 in a presidential debate:
"Prices are going up. Unemployment is continuing to go up."
Half-True
By Ciara O'Rourke • May 6, 2011
Reince Priebus
Reince Priebus
stated on April 14, 2011 in a fundraising e-mail:
"Americans will pay more in taxes in 2011 than they will spend on groceries, clothing and shelter combined."
Half-True
By Louis Jacobson • April 18, 2011
Barack Obama
Barack Obama
stated on April 13, 2011 in a speech at George Washington University:
"In the last decade, the average income of the bottom 90 percent of all working Americans actually declined. The top 1 percent saw their income rise by an average of more than a quarter of a million dollars each."
Half-True
By Robert Farley • April 14, 2011
Steve Moore
Steve Moore
stated on April 1, 2011 in a column in the "Wall Street Journal":
The ratio of people working for the government and working in manufacturing today is "an almost exact reversal of the situation in 1960."
Half-True
By Louis Jacobson • April 6, 2011
Eric Cantor
Eric Cantor
stated on March 17, 2011 in a TV interview.:
Discretionary spending has "increased over 20-some percent in two years if you don’t include the stimulus. If you put in the stimulus, it’s over 80 percent."
Half-True
By Warren Fiske • April 1, 2011
Babur Lateef
Babur Lateef
stated on March 26, 2011 in a YouTube video.:
Since Corey Stewart became chairman in November 2006, unemployment is up 150% and average home price sales are down $150,000.
Half-True
By Jacob Geiger • March 30, 2011
Johnny Isakson
Johnny Isakson
stated on March 11, 2011 in a Twitter post:
"Since President Obama took office, gas prices have gone up 67 percent."
Half-True
By Eric Stirgus • March 23, 2011
Paul Ryan
Paul Ryan
stated on March 18, 2011 in a private briefing to Members of Congress:
"The Congressional Budget Office has this economic model where they measure the economy going forward, and they are now telling us that the entire economy crashes in the year 2037 because their computer simulation can't conceive of any way in which the U.S. economy can continue."
Half-True
By Louis Jacobson • March 21, 2011
Organizing for America
Organizing for America
stated on March 14, 2011 in a Tweet.:
The GOP budget plan "would cut nearly a million jobs."
Half-True
By Jacob Geiger • March 21, 2011
Steve LaTourette
Steve LaTourette
stated on March 4, 2011 in a newspaper interview:
"If you look at the jobs lost in the private sector as opposed to the job gains in the public sector, it's out of whack. The government's growing and the private economy's shrinking."
Half-True
By Tom Feran • March 21, 2011
Eric Cantor
Eric Cantor
stated on March 4, 2011 in a press release.:
"Put simply, less government spending equals more private sector jobs."
Half-True
By Jacob Geiger • March 16, 2011
Rick Scott
Rick Scott
stated on March 8, 2011 in in his State of the State speech:
Bing Energy said it decided to move to Florida because of Gov. Rick Scott’s "plan to eliminate the corporate tax."
Half-True
By Angie Drobnic Holan • March 9, 2011
Travis Rowley
Travis Rowley
stated on February 22, 2011 in a web commentary:
"Last year it was discovered that Rhode Island's public employees ranked 4th in average pay, while the private sector ranked 23rd."
Half-True
By C. Eugene Emery Jr. • March 7, 2011
Garnet Coleman
Garnet Coleman
stated on February 15, 2011 in a press conference.:
Says that in some Texas communities, "our unemployment rate is still at 10 and 20 percent."
Half-True
By W. Gardner Selby • February 23, 2011
David Dewhurst
David Dewhurst
stated on January 18, 2011 in his inaugural address.:
"Last year, out of the 500,000 (in) population growth we had in the state of Texas, about 250,000 of the 500,000 came to Texas... from the other 49 states."
Half-True
By W. Gardner Selby • January 29, 2011
Michele Bachmann
Michele Bachmann
stated on January 25, 2011 in a rebuttal to the State of the Union address:
"While the government grew, we lost more than 2 million jobs."
Half-True
By Louis Jacobson • January 27, 2011
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