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Latest Fact-Checks In Economy

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Bob Buckhorn
Bob Buckhorn
stated on September 2, 2011 in an interview on WEDU-TV
"One international flight a day in a wide-bodied jet ... one flight daily generates $150 million a year and approximately 2,300 jobs."
Half-True
By Becky Bowers • September 12, 2011
Newt Gingrich
Newt Gingrich
stated on September 7, 2011 a debate
Ben Bernanke has been the most "inflationary" chairman in the history of the Federal Reserve.
Mostly False
By Eric Stirgus • September 12, 2011
John Kasich
John Kasich
stated on September 25, 2011 a television interview
"Since the beginning of the year we've created a net increase of 45,000 jobs."
Mostly False
By Peter Krouse • September 12, 2011
Rick Perry
Rick Perry
stated on September 7, 2011 a Republican presidential debate.
"When you look at what we have done over the last decade, we created 1 million jobs in the state of Texas. At the same time, (the rest of) America lost 2.5 million."
Half-True
By W. Gardner Selby • September 11, 2011
Vincent
Vincent "Buddy" Cianci
stated on September 1, 2011 a talk show discussion
"Mike Trainor...still owes $250,000 to the state."
Mostly True
By Lynn Arditi • September 11, 2011
Michele Bachmann
Michele Bachmann
stated on September 7, 2011 a Republican presidential debate at the Reagan Presidential Library
"The day President Obama took office, gasoline was $1.79 a gallon."
True
By Louis Jacobson • September 8, 2011
Jon Huntsman
Jon Huntsman
stated on September 7, 2011 a Republican presidential debate at the Reagan Presidential Library
Utah was "the No. 1 job creator in this country during my years of service" as governor, with a 5.9 percent increase in jobs.
Half-True
By Louis Jacobson • September 8, 2011
National Republican Senatorial Committee
National Republican Senatorial Committee
stated on August 23, 2011 a news release
Sherrod Brown "has stood side by side" with President Barack Obama, presiding "over the most rapid increase in the debt over the last 2.5 years" and hurtling toward " the worst jobs record in the modern era."
Half-True
By Stephen Koff • September 8, 2011
Barack Obama
Barack Obama
stated on September 5, 2011 a Labor Day speech in Detroit
A bipartisan payroll tax cut championed by the White House has meant that "the average family has an extra $1,000 in their pocket" this year.
Mostly True
By Louis Jacobson • September 6, 2011
Michele Bachmann
Michele Bachmann
stated on August 26, 2011 a campaign event
President Barack Obama "has virtually no one in his cabinet with private-sector experience."
Pants on Fire!
By Louis Jacobson • September 1, 2011
Robert Reich
Robert Reich
stated on August 29, 2011 an opinion column
"The ratio of corporate profits to wages is now higher than at any time since just before the Great Depression."
True
By Louis Jacobson • September 1, 2011
John Cornyn
John Cornyn
stated on August 24, 2011 a Twitter message.
Congressional Budget Office "says 8 (percent) unemployment till 2014!"
True
By W. Gardner Selby • August 31, 2011
Rick Perry
Rick Perry
stated on August 13, 2011 a campaign video on his website
Says the national debt and President Barack Obama's "refusal to control spending led to our nation's credit rating being downgraded for the first time in history."
Half-True
By Meghan Ashford-Grooms • August 30, 2011
Jim Petro
Jim Petro
stated on August 11, 2011 a speech at Ohio State University
Every 1 percent increase in the number of Ohioans with bachelor’s degrees "means economic activity growing the next year and for each year thereafter (by) $2.5 billion dollars."
Mostly True
By Aaron Marshall • August 30, 2011
Doreen Costa
Doreen Costa
stated on August 10, 2011 a radio interview
"The studies have shown us that [drug testing for welfare recipients] will be saving us money"
False
By C. Eugene Emery Jr. • August 26, 2011
Rob Portman
Rob Portman
stated on July 19, 2011 a television interview
"We rank below Ethiopia, I'm told, in terms of our exports per capita, well below any of the other developed countries we trade with, and well below China and (South) Korea."
Half-True
By Tom Feran • August 25, 2011
Donna Brazile
Donna Brazile
stated on August 21, 2011 a comment on 'This Week with Christiane Amanpour'
"Over the last four years, 53 percent of black wealth has just disappeared."
Mostly True
By Angie Drobnic Holan • August 24, 2011
Mike Villarreal
Mike Villarreal
stated on August 6, 2011 a Texas Capitol rally.
Says that before Rick Perry became governor, "only 4 percent of our total labor force was a minimum wage job ... Today, that number has more than doubled (to) 9.5 percent."
Half-True
By W. Gardner Selby • August 24, 2011
James Bennett
James Bennett
stated on August 15, 2011 a news conference
Providence's port is "200 miles closer to Europe than any other Eastern port."
False
By C. Eugene Emery Jr. • August 21, 2011
Mitt Romney
Mitt Romney
stated on August 8, 2011 a speech to a Manchester, N.H. Rotary club
Says he worked with the Democratic legislature to balance spending with revenues so that "at the end of my four-year term, the rainy day fund was established at more than $2 billion."
Mostly True
By Josh Rogers • August 16, 2011
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