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Latest Fact-Checks In Economy

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Farouk Shami
Farouk Shami
stated on November 23, 2009 a TV ad:
Says he "brought 1,200 jobs to Texas by moving his factories here from China."
Half-True
By Ciara O'Rourke • January 12, 2010
Barack Obama
Barack Obama
stated on December 9, 2009 a speech:
"We've created or saved up to 1.6 million jobs, according to the CBO -- the Congressional Budget Office -- through the Recovery Act."
Half-True
By Robert Farley • December 14, 2009
Rush Limbaugh
Rush Limbaugh
stated on December 8, 2009 his radio show:
A recent drop in the unemployment rate is questionable because it was calculated "over two days of the Thanksgiving week."
False
By Louis Jacobson • December 10, 2009
Mike Pence
Mike Pence
stated on December 8, 2009 a speech on the House floor:
"To use money from the TARP fund in the manner that is being discussed by the White House and congressional Democrats would be a violation of the law."
Half-True
By Robert Farley • December 8, 2009
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
By Robert Farley • 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
By Robert Farley • 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
By Robert Farley • 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
By Robert Farley • 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
By Robert Farley • 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
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