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Latest Fact-Checks In Economy

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Dave Murphy
Dave Murphy
stated on November 7, 2023 in Wisconsin Assembly:
"Bucks star Giannis Antetokounmpo signed a three-year contract for $186 million. He and his family, being African American, could receive benefits under affirmative action.”
Mostly False
By Ricardo Torres • January 17, 2024
Joe Biden
Joe Biden
stated on January 8, 2024 in a speech:
“The racial wealth gap is the smallest it’s been in 20 years.”
Half-True
By Sara Swann • January 12, 2024
Ron DeSantis
Ron DeSantis
stated on January 4, 2024 in a CNN town hall:
In Florida, “income growth is top of the chart.”
Half-True
By Louis Jacobson • January 8, 2024
Instagram posts
Instagram posts
stated on December 6, 2023 in an Instagram post:
Macaulay Culkin’s “Home Alone” shopping trip that cost $19.83 in 1990 would cost $72.28 today, up from $44.40 in 2022.
False
By Sara Swann • December 14, 2023
Joe Biden
Joe Biden
stated on December 5, 2023 in a post on X:
“We’ve created close to 800,000 manufacturing jobs since I’ve taken office.”
Mostly True
By Louis Jacobson • December 13, 2023
Instagram posts
Instagram posts
stated on November 25, 2023 in an Instagram post:
Video shows Black Friday shoppers “in Biden’s thriving economy.”
False
By Jeff Cercone • November 30, 2023
Karine Jean-Pierre
Karine Jean-Pierre
stated on November 20, 2023 in a White House press briefing:
“Because wages are rising, this Thanksgiving dinner is the fourth-cheapest ever as a percentage of average earnings.”
Mostly True
By Louis Jacobson • November 21, 2023
TikTok posts
TikTok posts
stated on November 18, 2023 in a post on TikTok:
The federal government and the Federal Reserve were “raising inflation,” something that “had nothing to do with … getting our economy back in line” but rather to fund a “war against a bunch of civilians.”
False
By Louis Jacobson • November 21, 2023
Facebook posts
Facebook posts
stated on November 15, 2023 in a Facebook post:
“Any American who needs $2,000 a month can get it now” thanks to a new government program.
False
By Maria Briceño • November 20, 2023
Rachael Cabral-Guevara,
Rachael Cabral-Guevara,
stated on October 18, 2023 in Public hearing:
Some individuals or businesses in Wisconsin are charging $2 or $2.25 an hour for child care.
Mostly True
By Hope Karnopp • November 7, 2023
Kamala Harris
Kamala Harris
stated on October 28, 2023 in an interview with CBS News:
“Because of our economic policies we now are reducing inflation.”
Mostly False
By Louis Jacobson • November 3, 2023
Mike Johnson
Mike Johnson
stated on October 25, 2023 in his acceptance speech as speaker:
“Prices have increased over 17% in the last two years.”
Half-True
By Louis Jacobson • October 26, 2023
Donald Trump
Donald Trump
stated on October 23, 2023 in remarks at a rally in Derry, N.H.:
“When I came into office, Iran had $70 billion in foreign exchange reserves. … By the time I left, they had nothing. They were broke.”
Half-True
By Louis Jacobson • October 26, 2023
One Nation
One Nation
stated on September 4, 2023 in a petition:
Sen. Joe Manchin’s “support for the (Inflation Reduction Act) could cost West Virginia 100,000 fossil fuel jobs.”
Mostly False
By Aidan Cornue • October 24, 2023
Jim Justice
Jim Justice
stated on August 14, 2023 in a post on X:
"Credit card debt is above $1 trillion for the FIRST TIME EVER."
Mostly True
By Ashala Moseberry • October 19, 2023
West Virginia Republican Party
West Virginia Republican Party
stated on August 17, 2023 in a post on X:
“Since Biden took office ... real wages have fallen monthly.”
Mostly True
By Jacquie Broush • October 12, 2023
Donald Trump
Donald Trump
stated on September 27, 2023 in a speech in Michigan:
When I took office, “the auto industry was on its knees gasping its last breath.” Trump administration “tariffs and taxes saved the American auto industry from extinction."
False
By Amy Sherman, Louis Jacobson • October 5, 2023
Shelley Moore Capito
Shelley Moore Capito
stated on August 23, 2023 in a post on X:
“#Bidenomics has led to mortgage rates hitting a 21-year high → over 7%.”
Mostly True
By Sophia Bookwood • October 5, 2023
Jim Justice
Jim Justice
stated on August 24, 2023 in a post on X:
“Under Jim Justice,” West Virginia had “the lowest unemployment rate in state history.”
Mostly True
By Kylie Tuttle • September 26, 2023
Joe Biden
Joe Biden
stated on August 24, 2023 in a campaign ad:
Since Joe Biden “has taken office, unemployment in our (Latino) community has been cut in half."
Mostly True
By Marta Campabadal Graus • September 22, 2023
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