Statements about Economy

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A feed of statements about Economy

Recent statements involving Economy

True

Worth 28 percent less than 60's average

Scott

"Today’s minimum wage worker making $7.25 an hour has less buying power than a minimum wage worker in the 1960s."

— PolitiFact Virginia on Wednesday, February 13th, 2019

Mostly False

Gap is wide but number is wrong

Omar

"In 2017, the CEO of McDonalds got paid $21.8 million. The median pay for a McDonald's worker that year was $7,000. This is a moral outrage. We need a $15 minimum wage so that no one is paid a poverty wage."

— PolitiFact National on Tuesday, February 12th, 2019

Mostly False

Cause and effect aren't as simple as this claim asserts

Walker

During the three times the top marginal tax rates were lowered in the 20th century, "revenues actually went up while the economy improved in America."

— PolitiFact Wisconsin on Tuesday, February 5th, 2019

Mostly False

It's decreased, by a small amount

West Virginia Democratic Party

West Virginia Democratic Party

"FACT: Unemployment rate has not decreased since @WVGovernor took office."

— PolitiFact West Virginia on Monday, February 4th, 2019

Mostly True

Lowest in 50-odd years, anyway

Capito

Shelley Moore Capito

"Our economy is growing at its fastest pace in nearly four years. Unemployment is at an all-time low."

— PolitiFact West Virginia on Monday, February 4th, 2019