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Latest Fact-Checks In Economy

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Michele Bachmann
Michele Bachmann
stated on June 13, 2011 a debate in New Hampshire:
"The CBO, the Congressional Budget Office has said that Obamacare will kill 800,000 jobs."
Mostly False
By Angie Drobnic Holan • June 14, 2011
Reince Priebus
Reince Priebus
stated on June 12, 2011 an interview on NBC's "Meet the Press":
"We have unemployment that rivals the Great Depression."
False
By Louis Jacobson • June 13, 2011
Paul Krugman
Paul Krugman
stated on June 9, 2011 a New York Times column:
"The average unemployed American has been out of work for almost 40 weeks."
True
By Louis Jacobson • June 10, 2011
Kim Guadagno
Kim Guadagno
stated on May 11, 2011 a radio interview on WNYC's Brian Lehrer Show:
Says Panasonic stayed in New Jersey because of the Business Retention and Relocation Assistance Grant (BRRAG) program.
False
By Erin O'Neill • June 10, 2011
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
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