Here we highlight a number of key statistics about trade, and summarize some of the stories we have written when these facts have been misrepresented.
President Barack Obama incorrectly claimed his administration has undertaken an "unprecedented" review of burdensome regulations. In fact, every president since at least Jimmy Carter has done similar reviews, including one under Bill Clinton that resulted in the elimination of more than 16,000 pages of federal regulations.
Obama made his claim during his hour-long press conference on June 29:
Obama, June 29: But what I have done — and this is unprecedented, by the way, no administration has done this before —
Q: Have tax cuts always resulted in higher tax revenues and more economic growth as many tax cut proponents claim?
A: No. In fact, economists say tax cuts do not spark enough growth to pay for themselves.