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Latest Fact-Checks In Economy

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Kent Conrad
Kent Conrad
stated on November 14, 2010 an interview on ABC's "This Week with Christiane Amanpour":
Federal spending is "the highest it's been as a share of our economy in 60 years (and) revenue is the lowest it's been as a share of our economy in 60 years."
True
By Louis Jacobson • November 15, 2010
Rand Paul
Rand Paul
stated on November 14, 2010 an interview on CBS' "Face the Nation":
"We now consume at the federal level 25 percent of the gross domestic product. Historically we were at 20 percent. So we've taken 5 percent away from the private sector."
True
By Louis Jacobson • November 15, 2010
Lincoln Chafee
Lincoln Chafee
stated on November 3, 2010 a news conference:
Experts say the property tax "is the most harmful to economic growth and . . . the sales tax is least harmful."
Mostly False
By C. Eugene Emery Jr. • November 14, 2010
Bob McDonnell
Bob McDonnell
stated on November 2, 2010 a TV interview:
Has created 60,000 net new jobs since taking office.
Mostly True
By Warren Fiske • November 12, 2010
Kathie Glass
Kathie Glass
stated on October 19, 2010 a debate.:
Says over 25 percent of the Texas budget funds services to non-U.S. citizens.
Pants on Fire!
By W. Gardner Selby • November 12, 2010
Chain email
Chain email
stated on October 31, 2010 a message via the Internet:
"Pres. Obama's finance team is recommending a . . . 1% tax on all transactions at any financial institution."
Pants on Fire!
By C. Eugene Emery Jr. • November 12, 2010
Rand Paul
Rand Paul
stated on November 7, 2010 an interview on ABC's This Week with Christiane Amanpour:
"The average federal employee makes $120,000 a year. The average private employee makes $60,000 a year."
False
By Louis Jacobson • November 11, 2010
Sarah Palin
Sarah Palin
stated on November 7, 2010 a prepared speech:
Grocery prices "have risen significantly over the past year or so."
Mostly False
By Louis Jacobson • November 10, 2010
Tim Kaine
Tim Kaine
stated on October 24, 2010 an interview on "This Week.":
When Obama took office "the economy of the United States was actually shrinking for the first time in about 70 years."
Mostly False
By Angie Drobnic Holan • November 5, 2010
Chris Gregoire
Chris Gregoire
stated on November 21, 2010 a statement in a Seattle Times article:
Says Washington state has "consistently ranked in the top five in the Forbes list of best states to do business — ahead of Texas."
Half-True
By Ciara O'Rourke • November 5, 2010
Mike Prendergast
Mike Prendergast
stated on October 29, 2010 a campaign mailer:
"Congresswoman Kathy Castor voted to spend $2.6 million to teach prostitutes in China to drink responsibly."
Pants on Fire!
By Robert Farley • November 1, 2010
John Kasich
John Kasich
stated on October 14, 2010 a campaign video:
"(John) Kasich was the architect who balanced the budget, cut spending, created a surplus, igniting record job creation."
Half-True
By Tom Feran • October 31, 2010
Barack Obama
Barack Obama
stated on October 30, 2010 his weekly address:
"The Republican leader of the Senate said his main goal after this election is simply to win the next one."
Half-True
By Robert Farley • October 30, 2010
Elizabeth Roberts
Elizabeth Roberts
stated on October 28, 2010 a campaign commercial:
She "led the fight to stop health insurance rate hikes and saved Rhode Island families over $150 million."
Half-True
By C. Eugene Emery Jr. • October 30, 2010
Crossroads GPS
Crossroads GPS
stated on October 25, 2010 a campaign commerical:
"North Dakota's economy is reeling."
Pants on Fire!
By Louis Jacobson • October 29, 2010
Bill White
Bill White
stated on October 15, 2010 an interview:
"Of those 850,000 (new Texas) jobs, most were public-sector jobs and minimum-wage jobs."
Mostly False
By Meghan Ashford-Grooms • October 29, 2010
Barack Obama
Barack Obama
stated on October 27, 2010 an interview on Comedy Central's "Daily Show with Jon Stewart":
Stabilizing the recent financial crisis "will cost less than 1 percent of GDP," which is less than the 2.5 percent to fix the savings and loan crisis of the 1980s.
Half-True
By Louis Jacobson • October 28, 2010
Barack Obama
Barack Obama
stated on October 27, 2010 an interview on "The Daily Show with Jon Stewart":
"Most of the jobs that we lost were lost before the economic policies we put in place had any effect."
True
By Martha M. Hamilton • October 28, 2010
Jeff Brandes
Jeff Brandes
stated on September 26, 2010 a campaign video:
Company may close, "all because government essentially says if they don't hire a lifeguard to watch their workers, they can't stay open."
Half-True
By David DeCamp • October 28, 2010
Ted Strickland
Ted Strickland
stated on October 13, 2010 a campaign video:
"Congressman Kasich wants to use our tax dollars to give secret bonuses to his corporate friends."
Pants on Fire!
By Tom Feran • October 28, 2010
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