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Latest Fact-Checks In Economy

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Barack Obama
Barack Obama
stated on December 3, 2009 comments at the White House
When Obama was interviewed by American reporters in Asia, "Not one of them asked me about Asia. Not one of them asked me about the economy."
False
By Angie Drobnic Holan • December 7, 2009
Glenn Beck
Glenn Beck
stated on November 30, 2009 a statement on his show on Fox News Channel
Less than 10 percent of Obama's Cabinet appointees "have any experience in the private sector."
False
By Louis Jacobson • December 2, 2009
Jeff Miller
Jeff Miller
stated on November 19, 2009 a newsletter
"Although Democrats represent only 10 of Florida's 25 districts, their districts received 60 percent of the stimulus funds."
Mostly False
By Angie Drobnic Holan • November 24, 2009
Jeff Miller
Jeff Miller
stated on November 19, 2009 a newsletter
Recovery.gov listed congressional districts that "do not exist."
Mostly True
By Angie Drobnic Holan • November 24, 2009
Chain email
Chain email
stated on November 19, 2009 a widely circulated e-mail
Obama "closed offshore tax safe havens."
Half-True
November 20, 2009
Recovery.gov
Recovery.gov
stated on November 17, 2009 data on its Web site
52 jobs have been saved or created in Florida's 34th Congressional District.
Mostly False
By Angie Drobnic Holan • November 19, 2009
Sarah Palin
Sarah Palin
stated on November 17, 2009 her book, Going Rogue
"Ronald Reagan faced an even worse recession" than the current one.
False
By Louis Jacobson • November 17, 2009
Barack Obama
Barack Obama
stated on November 6, 2009 remarks from the White House
"History tells us that job growth always lags behind economic growth."
True
November 9, 2009
Charlie Crist
Charlie Crist
stated on November 4, 2009 an interview on CNN
"I didn't endorse" the federal stimulus bill.
Pants on Fire!
By Aaron Sharockman • November 5, 2009
Rush Limbaugh
Rush Limbaugh
stated on November 1, 2009 Fox News Sunday
"That 3.5 percent (increase in the third quarter GDP) came from two things — government spending on Cash for Clunkers — they just moved fourth-quarter auto sales into the third quarter — and the first-time home buyer thing."
Half-True
November 3, 2009
Tom McClintock
Tom McClintock
stated on October 27, 2009 a speech on the House floor
Three presidents in the last century — Harding, Kennedy and Reagan — all cut taxes during recessions and produced "rapid and dramatic economic recoveries," while two, Herbert Hoover and Barack Obama, did "the opposite."
False
By Louis Jacobson • November 2, 2009
The Freedom Project
The Freedom Project
stated on October 19, 2009 a press release
"Democrats rang up a $1.42 trillion budget deficit in 2009 — the single largest in American history."
Half-True
By Catharine Richert • October 22, 2009
Lou Dobbs
Lou Dobbs
stated on October 15, 2009 on his television show
U.S. taxpayers paid $71,500 per job created by the stimulus bill.
Mostly True
By Catharine Richert • October 19, 2009
Michael Moore
Michael Moore
stated on October 2, 2009 his movie "Capitalism: A Love Story"
During the Reagan administration, "Millions of people were thrown out of work."
Mostly False
October 8, 2009
Michael Moore
Michael Moore
stated on October 2, 2009 his movie "Capitalism: A Love Story"
During the Reagan era, while productivity increased, "wages for working people remained frozen."  
Mostly True
October 7, 2009
Cokie Roberts
Cokie Roberts
stated on October 4, 2009 appearance on This Week with George Stephanopoulos
Forty percent of gross domestic product "is state, local, or federal money."
Mostly True
By Louis Jacobson • October 6, 2009
Michael Moore
Michael Moore
stated on October 2, 2009 the movie Capitalism: A Love Story
All the talk about socialism during the campaign made young people more interested in it by Election Day.
False
By Louis Jacobson • October 2, 2009
Michael Moore
Michael Moore
stated on September 29, 2009 a news conference in Washington, D.C.
"The richest 1 percent have more financial wealth than the bottom 95 percent combined."
Mostly True
By Louis Jacobson • October 1, 2009
Thomas Sowell
Thomas Sowell
stated on September 8, 2009 a column in Investor's Business Daily.
The Obama administration "was successful in rushing a massive spending bill through Congress in just two days — after which it sat on the president's desk for three days, while he was away on vacation."
False
By Ian Jannetta • September 15, 2009
George Will
George Will
stated on August 23, 2009 an interview on This Week with George Stephanopoulos
Most of the stimulus money will be spent "not this year, not next year, but in 2011."
Mostly False
By Catharine Richert • August 26, 2009
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