PolitiFact.com
Statements about Economy
Mitt Romney

Mitt Romney

Mostly False

Baffling exaggeration

President Obama told people "to skip coming here (Las Vegas) for conventions and meetings."

Mitt Romney

Mitt Romney

True

Not the usual measure, but he frames it right

"If you take into account all the people who are struggling for work, or have just stopped looking, the real unemployment rate is over 15 percent."

One New Jersey

One New Jersey

Half-True

Tide is starting to turn

Says New Jersey is "down nearly 200,000 jobs from its pre-recession peak" and with Gov. Chris Christie "New Jersey has trailed the rest of America when it comes to unemployment" for 12 consecutive months.

Chain e-mail

Chain e-mail

Pants on Fire!

Another lie that won't die

"If you sell your house after 2012 you will pay a 3.8 percent sales tax on it."

Pete Hoekstra

Pete Hoekstra

False

Same rate as when stimulus was signed, and down since health care law passed

"Since ObamaCare and the stimulus passed, the unemployment rate in the U.S. has increased."

Joseph Trillo

Joseph Trillo

Half-True

What about tax revenue?

"We got [the Quonset Business Park] for free and we’re getting zero dollars out of it into the state coffers … other than the fact that it produces the jobs."

Hank Johnson

Hank Johnson

Half-True

Yes, but who deserves the credit?

"Unemployment has fallen from 10 percent during the president’s first year in office to 8.5 percent today."

Phil Gingrey

Phil Gingrey

Half-True

Depends on the data you choose

Since President Barack Obama took office, "2 million more Americans are out of work."

Casey Cagle

Casey Cagle

Mostly True

A well-anchored claim

Savannah is home to "the fastest-growing port in the nation."

Nathan Deal

Nathan Deal

False

Almost none are "skilled trade" jobs

Siemens has been unable to fill approximately 200 skilled trade positions in metro Atlanta.

Rick Santorum

Rick Santorum

Mostly False

Warning wasn't about a bubble

"In 2006, I went out and authored a letter with 24 other senators asking for major reform of Freddie and Fannie, warning of a meltdown and a bubble in the housing market."

John Kasich

John Kasich

True

But do they get the job done?

Says Ohio has 77 job training programs spread across 13 state agencies.

No Casinos

No Casinos

Mostly True

On some measures Florida isn't so hot either

Nevada is No. 1 in unemployment, violent crime, car theft, divorce, robberies and foreclosures.

Mitch Daniels

Mitch Daniels

Pants on Fire!

Because many of them were in school

"Nearly half of all persons under 30 did not go to work today."

Barack Obama

Barack Obama

Mostly True

UPDATED: Right on private-sector job stats, but who gets credit?

"In the last 22 months, businesses have created more than 3 million jobs. Last year, they created the most jobs since 2005."

Barack Obama

Barack Obama

Half-True

Top spot partly GM's luck — and it's contested

"(After the auto bailout) General Motors is back on top as the world’s No. 1 automaker."

Mitt Romney

Mitt Romney

Half-True

Using outdated statistics; it's ticked up since then

"The median income in this country has declined 10 percent in the last four years."

Rick Santorum

Rick Santorum

Mostly False

You might remember that housing bubble

Florida's economy "became a bad economy ... because of a huge spike in oil prices in the summer of 2008."

Mitt Romney

Mitt Romney

Half-True

A broader number than the official unemployment level

"We have 25 million Americans out of work."

Sherrod Brown

Sherrod Brown

Mostly True

Rate is high for all young men

"More than one in five of veterans aged 20 to 24 can’t find a job to support their family or to ease the transition to civilian life."

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