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Latest Fact-Checks In Economy

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JD Vance
JD Vance
stated on August 25, 2024 an interview on NBC's "Meet the Press":
“Anything that you lose on the tariff from the perspective of the consumer, you gain in higher wages, so you're ultimately much better off.”
False
By Louis Jacobson • August 29, 2024
Bob Casey
Bob Casey
stated on August 22, 2024 a speech at the 2024 Democratic National Convention:
“Prices are up because these corporations are scheming to drive them up.”
Mostly False
By Madison Czopek • August 28, 2024
Donald Trump
Donald Trump
stated on August 21, 2024 a Truth Social post:
“The Harris-Biden Administration has been caught fraudulently manipulating Job Statistics.”
Pants on Fire!
By Louis Jacobson • August 23, 2024
Tim Walz
Tim Walz
stated on August 14, 2024 a speech in California:
Former President Donald Trump “cut overtime benefits for millions of workers.”
Mostly False
By Amy Sherman • August 20, 2024
Instagram posts
Instagram posts
stated on August 13, 2024 an Instagram post:
Kamala Harris voted in favor of passing a law in 2022 to tax tips.
False
By Sofia Ahmed • August 15, 2024
Joe Biden
Joe Biden
stated on August 2, 2024 a written statement:
"Since Vice President Harris and I took office … incomes have risen faster than prices."
Mostly True
By Louis Jacobson • August 6, 2024
Pete Buttigieg
Pete Buttigieg
stated on July 28, 2024 an interview on Fox News Sunday:
“Even before the pandemic, America went into a manufacturing recession.”
Mostly True
By Louis Jacobson • July 31, 2024
Joe Biden
Joe Biden
stated on May 16, 2024 News release:
"The Trump administration handed out taxpayer dollars to a foreign company. Hundreds of homes and farms were bulldozed, and over $500 million in taxpayer dollars were wasted preparing for Foxconn."
Half-True
By D.L. Davis • July 13, 2024
Facebook posts
Facebook posts
stated on June 13, 2024 a post on Facebook:
“Saudi Arabia will stop using the US dollar for oil sales and will not renew the 50-year petro-dollar agreement with the U.S.”
False
By Madison Czopek • June 20, 2024
Donald Trump
Donald Trump
stated on June 15, 2024 remarks in Detroit:
The Trump administration “achieved the lowest African American unemployment rate and the lowest African American poverty rate ever recorded.”
Half-True
By Louis Jacobson • June 20, 2024
Joe Biden
Joe Biden
stated on June 4, 2024 an interview with Time magazine:
“Wage increases have exceeded” the cost of inflation.
Half-True
By Louis Jacobson • June 6, 2024
Jared Polis
Jared Polis
stated on May 15, 2024 an X post:
Tariffs are a “direct, regressive tax on Americans” and President Joe Biden’s new tariffs on Chinese goods will “hit every family.”
Half-True
By Louis Jacobson, Samantha Putterman • May 17, 2024
Joe Biden
Joe Biden
stated on May 14, 2024 an interview with Yahoo Finance:
Inflation “was 9% when I came to office.”
False
By Louis Jacobson • May 15, 2024
Tyler August
Tyler August
stated on May 3, 2024 Newsletter:
“Nearly 90% of all UW graduates stay in Wisconsin 5 years after they graduate.”
True
By Sophia Voight • May 15, 2024
Nancy Pelosi
Nancy Pelosi
stated on April 29, 2024 an interview with MSNBC:
Former President Donald Trump “has the worst record of job loss of any president.”
Half-True
By Louis Jacobson • May 2, 2024
Robert F. Kennedy Jr.
Robert F. Kennedy Jr.
stated on March 31, 2024 a post on X:
"The much-trumpeted job growth in the last year was ENTIRELY part-time jobs."
Half-True
By Louis Jacobson • April 26, 2024
Facebook posts
Facebook posts
stated on April 19, 2024 a Facebook post:
Dollar Tree, Walgreens, Macy’s, Foot Locker, Gap, Burger King, Regal Cinemas and Kroger have had mass store closures during Joe Biden’s presidency.
Half-True
By Sara Swann • April 24, 2024
Marco Rubio
Marco Rubio
stated on April 11, 2024 an interview with Fox News:
“It's very misleading when (President Biden) says (inflation) used to be at 9%. This is compounding. It’s not like it went down from 9% to 3%. This is building month after month. The better way to think about it is that it’s 18%, 19% over the last three years."
Half-True
By Louis Jacobson • April 17, 2024
Joe Biden
Joe Biden
stated on April 8, 2024 a speech:
Speaking of semiconductor industry jobs, "Know what the average salary is? $110,000. You don't need a college degree."
Mostly False
By Marta Campabadal Graus • April 15, 2024
JD Vance
JD Vance
stated on March 14, 2024 an interview with Fox News:
Says “100% of net job creation under the Biden administration has gone to the foreign-born.”
Mostly False
By Louis Jacobson • March 27, 2024
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