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Latest Fact-Checks In Economy

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Hunter Schwarz
stated on June 8, 2015 in a "Washington Post" article:

47 percent of Americans "can’t pay for an unexpected $400 expense through savings or credit cards, without selling something or borrowing money."

True

By Jon Greenberg • June 9, 2015

Rick Perry
stated on June 4, 2015 in his speech declaring his candidacy for president:

"In the last seven years of my tenure, Texas created 1.5 million new jobs. As a matter of fact, without Texas, America would have lost 400,000 jobs."

Mostly True

By W. Gardner Selby • June 8, 2015

Patricia Morgan
stated on May 27, 2015 in a news conference:

The Convention Center "was sold as a building that would never cost taxpayers a dime."

Mostly True

By Mark Reynolds • June 7, 2015

Jeb Bush
stated on June 2, 2015 in a speech at Gov. Rick Scott's economic summit in Orlando:

Says that during his eight years as Florida governor, "we created 1.3 million net new jobs -- more jobs created than Texas."

Mostly True

By Amy Sherman • June 3, 2015

Martin O'Malley
stated on May 30, 2015 in his presidential announcement speech:

"Today in America, 70 percent of us are earning the same or less than we were 12 years ago, and this is the first time that that has happened this side of World War II."

Half-True

By Louis Jacobson • June 2, 2015

Marco Rubio
stated on June 2, 2015 in a speech in Orlando, Fla.:

"For the first time in 35 years, we have more businesses dying than we do starting."

True

By Louis Jacobson • June 2, 2015

Timothy Sheehy
stated on April 10, 2015 in an interview:

A 50-50 public-private split for paying for a new Milwaukee Bucks arena would "be much better -- in terms of the portion of the public financing -- than most of the other arena projects done around the country."

True

By Tom Kertscher • May 29, 2015

Facebook posts
stated on May 17, 2015 in a meme on social media:

"During Obama's first five years as president, black unemployment increased 42 percent. During Reagan's presidency, black unemployment dropped 20 percent."

Pants on Fire!

By Louis Jacobson • May 22, 2015

Hillary Clinton
stated on May 18, 2015 in an appearance in Mason City, Iowa:

Hedge fund managers "pay less in taxes than nurses and truck drivers."

False

By Louis Jacobson • May 20, 2015

Bill Gates
stated on May 17, 2015 in an interview on CNN's "Fareed Zakaria GPS":

The "highest economic growth decade was the 1960s. Income tax rates were 90 percent."

Mostly True

By Jon Greenberg • May 17, 2015

Kathleen Sullivan
stated on April 29, 2015 in testimony before the House Judiciary Committee:

"The proportion of Rhode Islanders entering substance abuse treatment primarily due to marijuana use has reached its highest point in 20 years."

False

By Mark Reynolds • May 17, 2015

Thomas Perez
stated on May 7, 2015 in an interview on MSNBC's "Morning Joe":

Due to "over-incarceration … in 1950, two out of three young black men were in the workforce. Today, it's one out of three black men are in the workforce."

Half-True

By Louis Jacobson • May 15, 2015

Maria Shriver
stated on May 10, 2015 in comments on NBC's "Meet the Press":

"Two-thirds of American families rely on the mother's income to stay above the poverty level."

Mostly False

By Jon Greenberg • May 11, 2015

Carly Fiorina
stated on May 10, 2015 in comments on NBC's "Meet the Press":

"We doubled the size of the company (Hewlett-Packard)."

Mostly True

By Lauren Carroll • May 10, 2015

Lincoln Chafee
stated on May 10, 2015 in an interview on CNN:

"We had the biggest drop of the rate of unemployment (in) all but 4 states."

Mostly False

By Mark Reynolds • May 10, 2015

John Taylor
stated on April 24, 2015 in an interview on WPRI-TV's "Newsmakers.":

"The people of Tiverton have historically supported [gambling measures] at a rate higher than the rest of the state."

True

By C. Eugene Emery Jr. • May 7, 2015

John Boehner
stated on May 3, 2015 in comments on NBC's "Meet the Press":

"We spend more money on antacids than we do on politics."

False

By Jon Greenberg • May 3, 2015

Jim Lampley
stated on May 2, 2015 in comments before the Mayweather vs. Pacquiao fight:

The projected revenue from the Mayweather/Pacquiao fight is "larger than the annual GDP of 29 different countries."

Pants on Fire!

By Lauren Carroll • May 3, 2015

Scott Walker
stated on April 23, 2015 in an interview:

Minnesota’s "advantage" in economic growth has been having "Republicans in charge of at least one part of government" for all but two years, while Wisconsin Democrats "for many years" before 2011 controlled both legislative chambers and the governorship.

False

By Dave Umhoefer • April 29, 2015

Texas Organizing Project
stated on March 5, 2015 in a press release:

"The unemployment rate among blacks in Texas is 9.5% -- far more than double white unemployment -- and wages have fallen for black workers in Texas since 2000."

True

By Alex Wilts • April 23, 2015

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