economy Archives - Page 9 of 16

Romney Fundraising Pitch Skews Stats

April 6, 2012

In a March fundraising letter to Floridians, Mitt Romney skews economic statistics under President Barack Obama. Among the letter’s claims:

Romney says the numbers for unemployment, bankruptcies and foreclosures are “soaring.” That’s simply not true. They all started rising sharply under Bush, continued to rise for a time under Obama, but then peaked and are currently declining.

Romney claims Obama stood over “the greatest job loss in modern American history.” But more jobs were lost under his predecessor.

Spotlight On: Jeanie Fusaro

March 13, 2012

When Jeanie Fusaro received a constituent mailer from her congressman about what’s going on in Washington, she thought: “They think we’re stupid because we’re seniors. They didn’t think we’d do our homework.”
Fusaro, 66, was particularly skeptical of the letter’s statement that reports “predict higher unemployment for the next two years.”
“That automatically incites people,” Fusaro said.
The unemployment claim was one of several misleading statements we found in the mailer Fusaro sent to Spin Detectors.

Bogus Bipartisan Claims

March 12, 2012

In a mailer to constituents, a Republican congressman claims 27 “bipartisan bills” have passed the House but “hit a brick wall” in the Democratic-controlled Senate. But most of the bills are not very “bipartisan.” A majority of House Democrats voted against all but five of the 27 proposals, sometimes overwhelmingly. One of these “bipartisan bills” had the support of only four Democrats, and another had the support of just eight.
The mailer — sent out by Georgia Rep.

Super PAC Polishes Huntsman’s Resume

November 15, 2011

A super PAC backing Jon Huntsman for president makes three misleading or false claims in a TV ad now running in New Hampshire:

The group, which calls itself Our Destiny, suggests President Obama is to blame for a volatile stock market — saying “the stock market is a wreck,” even though the Dow Jones is up more than 50 percent since Obama took office in January 2009.
The ad boasts that Huntsman is “consistently conservative,” citing an op-ed in the Boston Globe.

Haley Barbour’s ‘Amnesia’

October 4, 2011

Haley Barbour accused a fellow governor of “amnesia,” claiming he was forgetting “the fact that Obama had the biggest Democratic majorities in Congress since Lyndon Johnson.” But it was actually Republican Barbour who was having a memory lapse. He forgot about the Democrats’ massive victories following Richard Nixon’s Watergate scandal.
Forgetting the ‘Watergate Babies’
During an exchange on CBS’ “Face the Nation,” Barbour, the Republican governor of Mississippi, responded to Maryland Gov. Martin O’Malley’s complaint that Republicans in Congress were impeding the president’s ability to create jobs.

Texas-Size Recovery

August 31, 2011

Presidential candidate and Texas Gov. Rick Perry has boasted of significant job growth in his state in the past few years. And for good reason: It’s true. While Texas clearly hasn’t avoided the recession, the state has done well in terms of …

Romney’s Economic Exaggerations

July 27, 2011

Mitt Romney mistakenly claimed the U.S. is experiencing "the worst recovery … in America's history," citing the Wall Street Journal. But the newspaper article said it was "the worst, or one of the worst, since the government started tracking these trends after World War II." That obviously does not include the recoveries following the Great Depression or 20 other economic downturns that have occurred since 1857.
Romney, the former Massachusetts governor who is running for president,

Reid Wrong on Jobs, Tea Party

January 10, 2011

On NBC’s "Meet the Press," Senate Majority Leader Harry Reid exaggerated the latest job gains in the manufacturing sector and grossly minimized tea party victories in the 2010 midterm elections.
In the interview — which NBC taped a day before the Jan. 8 shooting of Democratic Rep. Gabrielle Giffords and others in Tucson, Ariz. — Reid spoke about the latest employment numbers. The economy added 113,000 private sector jobs in the month of December, dropping the unemployment rate to 9.4 percent from 9.8 percent.

FactChecking ‘The Pledge’

September 24, 2010

The Republican “Pledge to America,” released Sept. 23, contains some dubious factual claims. It declares that “the only parts of the economy expanding are government and our national debt.” Not true. . . .

Sunday Replay

September 13, 2010

All of the misstatements that crept into the Sunday shows this weekend (at least, all the ones we found) had to do with the economy, the topic that is most on voters’ minds as the midterm elections approach.
Beware the Third Rail
White House Senior Adviser David Axelrod made an incorrect claim — and another slightly exaggerated one — during his appearance on NBC’s "Meet the Press."
While defending the Obama administration’s economic policies to host David Gregory,