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Latest Fact-Checks In Economy

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Mitt Romney
Mitt Romney
stated on December 28, 2011 an editorial board meeting with an Iowa newspaper
"Our income, our GDP per capita, is almost 50 percent higher than (it is for) the average European."
Mostly True
By Louis Jacobson • January 6, 2012
John Kasich
John Kasich
stated on January 19, 2012 a news conference
"We are now eighth in the nation in job creation . . . we are No. 1 in the Midwest."  
Mostly True
By Aaron Marshall • January 6, 2012
Barack Obama
Barack Obama
stated on January 3, 2012 a web video advertisement
Says he lived up to a 2008 promise when he "closed corporate tax loopholes that were sending profits overseas."
Half-True
By Louis Jacobson • January 5, 2012
Ron Paul
Ron Paul
stated on January 3, 2012 a speech after the Iowa caucuses
Says a new national poll shows "the majority of the American people believe we should have a gold standard" for U.S. currency.
False
By Louis Jacobson, W. Gardner Selby • January 4, 2012
Rebecca Kleefisch
Rebecca Kleefisch
stated on December 18, 2011 an interview
Wisconsin’s monthly job reports have a "margin of error" of 75 percent and were "way off" in eight of first 10 months of 2011.
Half-True
January 4, 2012
Jim Jordan
Jim Jordan
stated on November 30, 2011 a congressional hearing
"Eighty percent of all U.S. communities depend solely on trucks to deliver and supply the products sold in stores or ordered online."
Mostly True
By Tom Feran • January 4, 2012
Eric Cantor
Eric Cantor
stated on November 25, 2011 a news release.
Small businesses "create 70 percent of the jobs in America."
True
By Sean Gorman • December 30, 2011
Paul Broun
Paul Broun
stated on December 13, 2011 a press release
"The latest unemployment numbers have shown that nearly 315,000 Americans have simply given up hope when it comes to finding a job."
False
By Willoughby Mariano • December 30, 2011
Barry Hinckley
Barry Hinckley
stated on December 4, 2011 an appearance on WPRI's "Newsmakers" program
"Our tax code is . . . 80,000 pages."
False
By C. Eugene Emery Jr. • December 27, 2011
Cory Booker
Cory Booker
stated on December 9, 2011 a speech in New Hampshire
Says America spends "over 17 percent of its GDP on health care costs when our closest competitor nations are spending about 12."
True
By Erin O'Neill • December 25, 2011
Anne Nolan
Anne Nolan
stated on November 27, 2011 a news show
"We have one of the highest percentages per capita of nonprofits in this state of any state in the union."
Mostly True
By Alex Kuffner • December 25, 2011
National Republican Congressional Committee
National Republican Congressional Committee
stated on December 15, 2011 a web ad posted on YouTube
Says Joe Biden said Jon Corzine is "the smartest guy that I know, in terms of the economy and on finance, I really mean this."
True
By Erin O'Neill • December 22, 2011
Theresa Price
Theresa Price
stated on December 10, 2011 a speech during a rally on homelessness
"Rhode Island is leading our nation in foreclosures."
False
By C. Eugene Emery Jr. • December 20, 2011
Michael Doherty
Michael Doherty
stated on December 9, 2011 a news release
"Following the catastrophic, cascading collapse of major investment banks on Wall Street in 2007.....Nobody was prosecuted, no hearings were held and no reforms were implemented."
False
By Bill Wichert • December 19, 2011
Rush Holt
Rush Holt
stated on December 6, 2011 a telephone town hall meeting
Says in 1944 "we were in debt more than twice as much as we are now."
False
By Erin O'Neill • December 18, 2011
Republican National Committee
Republican National Committee
stated on December 12, 2011 an email to reporters
DNC chair Debbie Wasserman Schultz "denied unemployment went up under Obama."
Mostly False
By Katie Sanders • December 15, 2011
Lloyd Doggett
Lloyd Doggett
stated on December 8, 2011 an opinion article at HuffingtonPost.com
Says that according to one economist, $1 of unemployment benefits boosts the economy by $1.61.
Mostly False
By Sue Owen • December 15, 2011
Ron Paul
Ron Paul
stated on November 30, 2011 a house party in New Hampshire
"The Fed created $15 trillion in the bailout process" and $5 trillion went overseas.
Mostly False
By Jon Greenberg • December 9, 2011
Newt Gingrich
Newt Gingrich
stated on December 5, 2011 a press conference
"The only reason the unemployment rate is going down is because … twice as many people dropped out of the employment pool as the number of jobs were created."
Mostly False
By Louis Jacobson • December 6, 2011
Newt Gingrich
Newt Gingrich
stated on December 5, 2011 a press conference
President Barack Obama "has now spent three years proving that he kills jobs in energy, he kills jobs in manufacturing."
Mostly False
By Louis Jacobson • December 6, 2011
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