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Latest Fact-Checks In Economy

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Brian Deese
Brian Deese
stated on June 2, 2011 a telephone news conference
"We've seen 115,000 jobs created in the American auto industry since GM and Chrysler emerged from bankruptcy."
Half-True
By Stephen Koff • June 9, 2011
Austan Goolsbee
Austan Goolsbee
stated on June 5, 2011 an interview on ABC's "This Week with Christiane Amanpour"
"Over the last 15 months, we've added more than 2 million jobs in the private sector. That's far in excess of what it was in the comparable period after the last recession."
Mostly True
By Louis Jacobson • June 6, 2011
Austan Goolsbee
Austan Goolsbee
stated on June 5, 2011 an interview on ABC's "This Week with Christiane Amanpour"
"Manufacturing is having its best employment year in almost 15 years."
Mostly True
By Louis Jacobson • June 6, 2011
Mitt Romney
Mitt Romney
stated on June 2, 2011 a speech announcing his presidential campaign
"We are only inches away from ceasing to be a free market economy."
Pants on Fire!
By Louis Jacobson • June 2, 2011
Adam Hasner
Adam Hasner
stated on May 23, 2011 a tweet
"Obama-Nelson economic record: Job creation ... at slowest post-recession rate since Great Depression."  
Mostly True
By Amy Sherman • May 30, 2011
Texas Public Policy Foundation
Texas Public Policy Foundation
stated on April 25, 2011 a television ad that ran through May 20
Says that in the last five years, Texas "created more jobs than all other states combined."
Half-True
By Meghan Ashford-Grooms • May 29, 2011
Ward Armstrong
Ward Armstrong
stated on May 23, 2011 a news release.
Under Gov. Bob McDonnell, more jobs have been lost than created in Southside and Southwest Virginia.
False
By Sean Gorman • May 28, 2011
Rob Portman
Rob Portman
stated on May 3, 2011 a press availability following a policy luncheon
"The (health reform) legislation which Washington passed last year has made it more difficult to hire" because it’s increased costs for employers.
Mostly False
By Stephen Koff • May 26, 2011
Bob McDonnell
Bob McDonnell
stated on May 20, 2011 an interview.
For more than 30 years after World War II, there was a steady reduction in U.S. debt as a percentage of gross domestic product.
True
By Sean Gorman • May 25, 2011
Herman Cain
Herman Cain
stated on May 21, 2011 a speech announcing his presidential run
The U.S. has "47 million people on food stamps. That’s 14 million more than when the current occupant of the White House took over."
Mostly True
By Willoughby Mariano • May 24, 2011
Amy Hanauer
Amy Hanauer
stated on May 5, 2011 at a rally at the Ohio Statehouse
"To give a sense of how families are struggling, a record four out of every 10 school kids in Ohio now qualifies for subsidized lunch."
True
By Joe Guillen • May 24, 2011
Frank Wolf
Frank Wolf
stated on April 19, 2011 a news release.
The U.S. has "over $62 trillion in unfunded liabilities."
Mostly False
By Wes Hester • May 23, 2011
Nancy Pelosi
Nancy Pelosi
stated on May 16, 2011 an interview with Bloomberg television
"In the first year of the Obama administration, more jobs were created in the private sector than in the eight years of the Bush administration."
False
By Louis Jacobson • May 17, 2011
Newt Gingrich
Newt Gingrich
stated on May 15, 2011 an interview on NBC's "Meet the Press"
President Barack Obama deserves to be called "the most successful food stamp president in American history" because "47 million Americans are on food stamps."
Half-True
By Louis Jacobson • May 16, 2011
Randy Forbes
Randy Forbes
stated on May 5, 2011 a statement.
Failure to raise the debt limit does not force a U.S. default on debt payments.
True
By Wes Hester • May 16, 2011
John Kasich
John Kasich
stated on May 10, 2011 a speech to the Ohio Chamber of Commerce
"We're within 600 miles of 60 percent of America. We're in a perfect location."
True
By Tom Feran • May 13, 2011
Newt Gingrich
Newt Gingrich
stated on May 11, 2011 a presidential campaign announcement video
"For four years, we balanced the budget and paid off $405 billion in debt."
False
By Eric Stirgus, Louis Jacobson • May 12, 2011
Barack Obama
Barack Obama
stated on May 10, 2011 a speech in Austin, Texas
Under President Barack Obama, the United States has "doubled our exports."
False
By Louis Jacobson • May 11, 2011
John Boehner
John Boehner
stated on May 10, 2011 an interview on NBC's "Today" show
The Bush tax cuts "created about 8 million jobs over the first 10 years that they were in existence. We've lost about 5 million of those jobs during this recession."
False
By Louis Jacobson • May 11, 2011
Ron Paul
Ron Paul
stated on May 5, 2011 a presidential debate
"Prices are going up. Unemployment is continuing to go up."
Half-True
May 6, 2011
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