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Latest Fact-Checks In Economy

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Garnet Coleman
Garnet Coleman
stated on February 15, 2011 a press conference.:
Says that in some Texas communities, "our unemployment rate is still at 10 and 20 percent."
Half-True
By W. Gardner Selby • February 23, 2011
William G. Batchelder
William G. Batchelder
stated on February 4, 2011 an interview on WCPN 90.3 FM:
"75 percent of the jobs created in the state of Ohio are created in small business. They are not created by huge corporations and those who are very wealthy."
Mostly True
By James McCarty • February 21, 2011
Chain email
Chain email
stated on February 17, 2011 a chain e-mail:
Welfare programs caused more long-term damage to Detroit than the atomic bomb caused to Hiroshima
Pants on Fire!
By Peter Lord • February 18, 2011
Mitch Daniels
Mitch Daniels
stated on February 11, 2011 a speech to the Conservative Political Action Conference:
"Within a few years, we will be spending more on interest payments than on national security."
False
By Lucas Graves • February 17, 2011
Ocean State Policy Research Institute
Ocean State Policy Research Institute
stated on January 20, 2011 a report:
"The most significant driver of out-migration [from Rhode Island] is the estate tax."
False
By C. Eugene Emery Jr., Peter Lord • February 13, 2011
Mitt Romney
Mitt Romney
stated on February 11, 2011 a speech to the Conservative Political Action Conference:
"In the month of January, Canada created more new jobs than we did."
True
By Louis Jacobson • February 11, 2011
Mitt Romney
Mitt Romney
stated on February 11, 2011 a speech to the Conservative Political Action Conference:
"Today there are more men and women out of work in America than there are people working in Canada."
False
By Louis Jacobson • February 11, 2011
Dwight Jones
Dwight Jones
stated on February 3, 2011 his annual State of the City Address.:
"Overall we currently have $981 million, almost a billion dollars in active development projects right here in the City of Richmond."
Mostly False
By Jacob Geiger • February 11, 2011
Jim Renacci
Jim Renacci
stated on January 4, 2011 an interview on WCPN 90.3 FM:
"For [GM] to pay back everything it owes, it would have to sell its shares at $143 a share . . . where the highest value of a General Motors share ever was $43, $44, $46, whatever the dollars were . . ."
False
By Tom Feran • February 9, 2011
Rand Paul
Rand Paul
stated on February 4, 2011 an interview with ABC News:
Israel's per capita income "is greater than probably three-fourths of the rest of the world."
True
By Angie Drobnic Holan • February 4, 2011
Steve Moore
Steve Moore
stated on February 2, 2011 HBO's "Real Time with Bill Maher":
In the 1980s, "The lowest income people had the biggest gains."
False
By Robert Farley • February 3, 2011
Rachel Maddow
Rachel Maddow
stated on January 21, 2011 HBO's "Real Time with Bill Maher":
"From 1980 to 1990, the top 1 percent saw their income go up by roughly 80 percent" while "the median wage in the country over (the same) 10 years went up 3 percent."
Mostly True
By Robert Farley • February 3, 2011
Rob Portman
Rob Portman
stated on January 20, 2011 a speech to the Toledo Regional Chamber of Commerce:
Says the United States does not "trade as much as other developed nations."
True
By Stephen Koff • February 1, 2011
Hank Johnson
Hank Johnson
stated on January 26, 2011 an online posting:
"The economy we preside over today is better than the one we inherited."
Mostly False
By Eric Stirgus • January 31, 2011
David Dewhurst
David Dewhurst
stated on January 18, 2011 his inaugural address.:
"Last year, out of the 500,000 (in) population growth we had in the state of Texas, about 250,000 of the 500,000 came to Texas... from the other 49 states."
Half-True
By W. Gardner Selby • January 29, 2011
Marcy Kaptur
Marcy Kaptur
stated on November 23, 2010 an MSNBC interview:
"Six institutions in our country now control two thirds of the capital."
False
By Sabrina Eaton • January 28, 2011
Michele Bachmann
Michele Bachmann
stated on January 25, 2011 a rebuttal to the State of the Union address:
"While the government grew, we lost more than 2 million jobs."
Half-True
By Louis Jacobson • January 27, 2011
Michele Bachmann
Michele Bachmann
stated on January 25, 2011 a response to the State of the Union:
"The White House promised us that all the spending would keep unemployment under 8 percent."
Mostly False
By Robert Farley • January 26, 2011
Paul Ryan
Paul Ryan
stated on January 25, 2011 a response to the State of the Union address:
"The debt will soon eclipse our entire economy."
True
By Stephen Koff, Louis Jacobson • January 26, 2011
Barack Obama
Barack Obama
stated on January 25, 2011 the State of the Union address:
The United States has "one of the highest corporate tax rates in the world."
True
By Louis Jacobson • January 26, 2011
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