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Latest Fact-Checks In Economy

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Nina Turner
Nina Turner
stated on October 24, 2011 an opinion column
"The collective net worth of Americans has taken a $5.5 trillion hit ... mainly due to plummeting home values."
True
By Henry J. Gomez • November 1, 2011
Rick Perry
Rick Perry
stated on October 11, 2011 the Blooomberg/Washington Post Republican presidential debate.
Says that "we brought CHI Manufacturing, that had business in China, back to" Texas.
Mostly False
By W. Gardner Selby • October 31, 2011
Rachel Maddow
Rachel Maddow
stated on October 19, 2011 a segment on The Rachel Maddow Show
"A recent Department of Labor study guessed Wall Street fees cost a worker 28 percent of the value of your plan over the span of your career."
Mostly False
By Molly Moorhead • October 28, 2011
Josh Mandel
Josh Mandel
stated on October 5, 2011 an email to supporters
The STAR Ohio fund "just received the highest possible credit rating one of these funds can receive."
Half-True
By Joe Guillen • October 27, 2011
Mitt Romney
Mitt Romney
stated on October 26, 2011 a press release.
Says Texas unemployment is dire in various ways such as a doubling in the jobless rate during Rick Perry's governorship. Also, the Texas rate has increased faster than the national rate during Barack Obama's presidency.
Half-True
By Meghan Ashford-Grooms • October 27, 2011
Steve LaTourette
Steve LaTourette
stated on October 26, 2011 a statement on his congressional website
"For each $1 billion in infrastructure investment, 42,000 jobs are created."
Half-True
By Stephen Koff • October 26, 2011
Occupy Providence
Occupy Providence
stated on October 19, 2011 a protest sign
"Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour."
False
By Lynn Arditi • October 26, 2011
Facebook posts
Facebook posts
stated on October 23, 2011 an Internet post
Congressional Republicans have introduced dozens of bills on social issues and other topics, but "zero on job creation."
Pants on Fire!
By Louis Jacobson • October 25, 2011
Alan Grayson
Alan Grayson
stated on October 7, 2011 appearance on Bill Maher show on Oct. 7, 2011
Says 24 million people in this country "can't find a full-time job," 50 million "can't see a doctor when they're sick," 47 million people need government help to feed themselves and 15 million families owe more than the value of their home.
True
By Katie Sanders • October 24, 2011
Josh Mandel
Josh Mandel
stated on September 28, 2011 a news release
"During Sherrod Brown’s past decade as a D.C. politician, more than one out of every four jobs that has left America, left from Ohio. ... Sherrod Brown will own these horrendous Ohio job numbers next year."
Half-True
By Stephen Koff • October 24, 2011
George Nee
George Nee
stated on October 19, 2011 a pension forum
"This is the first time in our state, and one of the first times in the country, where benefit reductions . . . has happened to people who are retired."
Half-True
By C. Eugene Emery Jr. • October 23, 2011
Rick Perry
Rick Perry
stated on October 18, 2011 an online video
"Our president has labeled Americans as soft."
Half-True
By Meghan Ashford-Grooms • October 23, 2011
Sam Adams
Sam Adams
stated on August 12, 2011 in a speech
Says there's $4 billion in private investment along the streetcar. 
Mostly False
By Janie Har • October 22, 2011
Barack Obama
Barack Obama
stated on October 18, 2011 a speech.
Says his proposed payroll tax cut "will mean an extra $1,500 in your pocket compared to if we do nothing."
True
By Warren Fiske • October 21, 2011
Harry Reid
Harry Reid
stated on October 19, 2011 a Senate floor speech
With recent growth "it is very clear that private-sector jobs have been doing fine."
Mostly False
By Louis Jacobson • October 20, 2011
Mitt Romney
Mitt Romney
stated on October 18, 2011 a Republican presidential debate in Las Vegas
"Over the last several years, 40 percent (of) the jobs created in Texas were created for illegal aliens."
Half-True
By Louis Jacobson • October 19, 2011
Tom Kean Jr.
Tom Kean Jr.
stated on October 7, 2011 a news release
Says Democrats raised taxes over 115 times in the past 10 years, "making New Jersey increasingly unaffordable and chasing jobs to neighboring states."
Half-True
By Erin O'Neill • October 16, 2011
Peter Palumbo
Peter Palumbo
stated on October 5, 2011 a speech
"The Tax Foundation figures Rhode Island as the 10th highest state for state and local tax burden per capita in the country. We're the 6th worst in the country for the business tax index. We're the 3rd highest per capita in the country for all taxes."
Mostly False
By C. Eugene Emery Jr. • October 14, 2011
Rick Santorum
Rick Santorum
stated on October 11, 2011 a Republican presidental primary debate
The poverty rate for families in which a husband and a wife work is 5 percent, but in families headed by one person … "it's 30 percent today."
Half-True
By Molly Moorhead • October 13, 2011
John Boehner
John Boehner
stated on October 7, 2011 a news release
"Our unemployment rate has been higher than 8 percent for more than two-and-a-half years, far above what the Obama Administration promised with the 'stimulus.' "
Mostly False
By Tom Feran • October 13, 2011
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