Latest Half-True Fact-checks in Economy Nancy Pelosi stated on April 29, 2024 in an interview with MSNBC: Former President Donald Trump “has the worst record of job loss of any president.” Robert F. Kennedy Jr. stated on March 31, 2024 in a post on X: "The much-trumpeted job growth in the last year was ENTIRELY part-time jobs." Facebook posts stated on April 19, 2024 in a Facebook post: Dollar Tree, Walgreens, Macy’s, Foot Locker, Gap, Burger King, Regal Cinemas and Kroger have had mass store closures during Joe Biden’s presidency. Marco Rubio stated on April 11, 2024 in an interview with Fox News: “It's very misleading when (President Biden) says (inflation) used to be at 9%. This is compounding. It’s not like it went down from 9% to 3%. This is building month after month. The better way to think about it is that it’s 18%, 19% over the last three years." Eric Hovde stated on March 4, 2024 in Campaign video: “Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.” Joe Biden stated on March 7, 2024 in his State of the Union address: “We cut the federal deficit by $160 billion because Medicare will no longer have to pay those exorbitant prices to Big Pharma.” Bryan Steil stated on February 1, 2024 in X, formerly Twitter: “Bidenomics is costing the typical American household over $11,400 more a year to buy the basics.” Joe Biden stated on February 4, 2024 in a post on X: “Inflation has been at the pre-pandemic level of 2% over the last half year.” Joe Biden stated on January 24, 2024 in a speech to the United Auto Workers: “Tens of thousands of auto jobs were lost nationwide during Trump's presidency,” but during Biden’s presidency, “we've created more than 250,000 auto jobs.” Joe Biden stated on January 8, 2024 in a speech: “The racial wealth gap is the smallest it’s been in 20 years.” Ron DeSantis stated on January 4, 2024 in a CNN town hall: In Florida, “income growth is top of the chart.” Mike Johnson stated on October 25, 2023 in his acceptance speech as speaker: “Prices have increased over 17% in the last two years.” Donald Trump stated on October 23, 2023 in remarks at a rally in Derry, N.H.: “When I came into office, Iran had $70 billion in foreign exchange reserves. … By the time I left, they had nothing. They were broke.” Chris Christie stated on September 5, 2023 in a interview: Under Gov. Ron DeSantis, “in the last five years, spending has gone up 30%" in Florida. Joe Biden stated on July 28, 2023 in a speech in Maine: "Wages are up after being adjusted for inflation." Tim Scott stated on June 21, 2023 in a Fox News town hall: “Median income in this country is … $35,000 a year. Because of Joe Biden's inflation, the average monthly expenses have increased by $500, almost.” Tim Scott stated on May 22, 2023 in his presidential announcement speech: “The share of working-age men choosing to work is the lowest it has ever been.” Mike Pence stated on March 24, 2023 in an interview with Fox Business' Maria Bartiromo: “We have a national debt the size of our nation’s economy for the first time since World War II.” Joe Biden stated on February 3, 2023 in a speech in Philadelphia: “We created more new jobs in two years than any president did in their entire term.” Joe Biden stated on January 25, 2023 in a tweet: “Two years ago this week, 18 million people were out of work needing unemployment benefits. Today, that number is under 1.6 million, the lowest in decades.” Joe Biden stated on January 12, 2023 in remarks at the White House: “Take-home pay for workers is going up.” Joe Biden stated on October 8, 2022 in an Instagram post: The Biden administration has “created” more than double the number of jobs per month, on average, than any other administration going back to George H.W. Bush. Zach Nunn stated on September 14, 2022 in a tweet: “Iowans are paying $5,000 extra for everyday goods under Biden and Axne’s inflation.” Janet Yellen stated on July 24, 2022 in an interview on NBC's "Meet the Press": "We've cut the deficit by a record $1.5 trillion this year." Ron Johnson stated on June 28, 2022 in Twitter: "Thanks to failed Dem policies, beer is 9.1% more expensive." Cavalier Johnson stated on May 27, 2022 in News conference: The RNC is “a $200 million economic infusion into our communities.” Joe Biden stated on June 16, 2022 in an interview with the Associated Press: “In every other major industrial country in the world … inflation is higher.” Glenn Grothman stated on May 21, 2022 in Newsletter: "Nearly 60% of all student loan debt is held by the rich and upper-middle class," so forgiveness would give the wealthy a "financial windfall" but not really help low-income people. Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.” John Macco stated on April 18, 2022 in Twitter: Says Gov. Tony Evers "wanted to increase your taxes by $1 billion just for heating your homes. Instead, Republicans cut your taxes by more than $2 billion."
Nancy Pelosi stated on April 29, 2024 in an interview with MSNBC: Former President Donald Trump “has the worst record of job loss of any president.” Robert F. Kennedy Jr. stated on March 31, 2024 in a post on X: "The much-trumpeted job growth in the last year was ENTIRELY part-time jobs." Facebook posts stated on April 19, 2024 in a Facebook post: Dollar Tree, Walgreens, Macy’s, Foot Locker, Gap, Burger King, Regal Cinemas and Kroger have had mass store closures during Joe Biden’s presidency. Marco Rubio stated on April 11, 2024 in an interview with Fox News: “It's very misleading when (President Biden) says (inflation) used to be at 9%. This is compounding. It’s not like it went down from 9% to 3%. This is building month after month. The better way to think about it is that it’s 18%, 19% over the last three years." Eric Hovde stated on March 4, 2024 in Campaign video: “Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.” Joe Biden stated on March 7, 2024 in his State of the Union address: “We cut the federal deficit by $160 billion because Medicare will no longer have to pay those exorbitant prices to Big Pharma.” Bryan Steil stated on February 1, 2024 in X, formerly Twitter: “Bidenomics is costing the typical American household over $11,400 more a year to buy the basics.” Joe Biden stated on February 4, 2024 in a post on X: “Inflation has been at the pre-pandemic level of 2% over the last half year.” Joe Biden stated on January 24, 2024 in a speech to the United Auto Workers: “Tens of thousands of auto jobs were lost nationwide during Trump's presidency,” but during Biden’s presidency, “we've created more than 250,000 auto jobs.” Joe Biden stated on January 8, 2024 in a speech: “The racial wealth gap is the smallest it’s been in 20 years.” Ron DeSantis stated on January 4, 2024 in a CNN town hall: In Florida, “income growth is top of the chart.” Mike Johnson stated on October 25, 2023 in his acceptance speech as speaker: “Prices have increased over 17% in the last two years.” Donald Trump stated on October 23, 2023 in remarks at a rally in Derry, N.H.: “When I came into office, Iran had $70 billion in foreign exchange reserves. … By the time I left, they had nothing. They were broke.” Chris Christie stated on September 5, 2023 in a interview: Under Gov. Ron DeSantis, “in the last five years, spending has gone up 30%" in Florida. Joe Biden stated on July 28, 2023 in a speech in Maine: "Wages are up after being adjusted for inflation." Tim Scott stated on June 21, 2023 in a Fox News town hall: “Median income in this country is … $35,000 a year. Because of Joe Biden's inflation, the average monthly expenses have increased by $500, almost.” Tim Scott stated on May 22, 2023 in his presidential announcement speech: “The share of working-age men choosing to work is the lowest it has ever been.” Mike Pence stated on March 24, 2023 in an interview with Fox Business' Maria Bartiromo: “We have a national debt the size of our nation’s economy for the first time since World War II.” Joe Biden stated on February 3, 2023 in a speech in Philadelphia: “We created more new jobs in two years than any president did in their entire term.” Joe Biden stated on January 25, 2023 in a tweet: “Two years ago this week, 18 million people were out of work needing unemployment benefits. Today, that number is under 1.6 million, the lowest in decades.” Joe Biden stated on January 12, 2023 in remarks at the White House: “Take-home pay for workers is going up.” Joe Biden stated on October 8, 2022 in an Instagram post: The Biden administration has “created” more than double the number of jobs per month, on average, than any other administration going back to George H.W. Bush. Zach Nunn stated on September 14, 2022 in a tweet: “Iowans are paying $5,000 extra for everyday goods under Biden and Axne’s inflation.” Janet Yellen stated on July 24, 2022 in an interview on NBC's "Meet the Press": "We've cut the deficit by a record $1.5 trillion this year." Ron Johnson stated on June 28, 2022 in Twitter: "Thanks to failed Dem policies, beer is 9.1% more expensive." Cavalier Johnson stated on May 27, 2022 in News conference: The RNC is “a $200 million economic infusion into our communities.” Joe Biden stated on June 16, 2022 in an interview with the Associated Press: “In every other major industrial country in the world … inflation is higher.” Glenn Grothman stated on May 21, 2022 in Newsletter: "Nearly 60% of all student loan debt is held by the rich and upper-middle class," so forgiveness would give the wealthy a "financial windfall" but not really help low-income people. Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.” John Macco stated on April 18, 2022 in Twitter: Says Gov. Tony Evers "wanted to increase your taxes by $1 billion just for heating your homes. Instead, Republicans cut your taxes by more than $2 billion."
Nancy Pelosi stated on April 29, 2024 in an interview with MSNBC: Former President Donald Trump “has the worst record of job loss of any president.”
Robert F. Kennedy Jr. stated on March 31, 2024 in a post on X: "The much-trumpeted job growth in the last year was ENTIRELY part-time jobs."
Facebook posts stated on April 19, 2024 in a Facebook post: Dollar Tree, Walgreens, Macy’s, Foot Locker, Gap, Burger King, Regal Cinemas and Kroger have had mass store closures during Joe Biden’s presidency.
Marco Rubio stated on April 11, 2024 in an interview with Fox News: “It's very misleading when (President Biden) says (inflation) used to be at 9%. This is compounding. It’s not like it went down from 9% to 3%. This is building month after month. The better way to think about it is that it’s 18%, 19% over the last three years."
Eric Hovde stated on March 4, 2024 in Campaign video: “Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.”
Joe Biden stated on March 7, 2024 in his State of the Union address: “We cut the federal deficit by $160 billion because Medicare will no longer have to pay those exorbitant prices to Big Pharma.”
Bryan Steil stated on February 1, 2024 in X, formerly Twitter: “Bidenomics is costing the typical American household over $11,400 more a year to buy the basics.”
Joe Biden stated on February 4, 2024 in a post on X: “Inflation has been at the pre-pandemic level of 2% over the last half year.”
Joe Biden stated on January 24, 2024 in a speech to the United Auto Workers: “Tens of thousands of auto jobs were lost nationwide during Trump's presidency,” but during Biden’s presidency, “we've created more than 250,000 auto jobs.”
Joe Biden stated on January 8, 2024 in a speech: “The racial wealth gap is the smallest it’s been in 20 years.”
Ron DeSantis stated on January 4, 2024 in a CNN town hall: In Florida, “income growth is top of the chart.”
Mike Johnson stated on October 25, 2023 in his acceptance speech as speaker: “Prices have increased over 17% in the last two years.”
Donald Trump stated on October 23, 2023 in remarks at a rally in Derry, N.H.: “When I came into office, Iran had $70 billion in foreign exchange reserves. … By the time I left, they had nothing. They were broke.”
Chris Christie stated on September 5, 2023 in a interview: Under Gov. Ron DeSantis, “in the last five years, spending has gone up 30%" in Florida.
Joe Biden stated on July 28, 2023 in a speech in Maine: "Wages are up after being adjusted for inflation."
Tim Scott stated on June 21, 2023 in a Fox News town hall: “Median income in this country is … $35,000 a year. Because of Joe Biden's inflation, the average monthly expenses have increased by $500, almost.”
Tim Scott stated on May 22, 2023 in his presidential announcement speech: “The share of working-age men choosing to work is the lowest it has ever been.”
Mike Pence stated on March 24, 2023 in an interview with Fox Business' Maria Bartiromo: “We have a national debt the size of our nation’s economy for the first time since World War II.”
Joe Biden stated on February 3, 2023 in a speech in Philadelphia: “We created more new jobs in two years than any president did in their entire term.”
Joe Biden stated on January 25, 2023 in a tweet: “Two years ago this week, 18 million people were out of work needing unemployment benefits. Today, that number is under 1.6 million, the lowest in decades.”
Joe Biden stated on January 12, 2023 in remarks at the White House: “Take-home pay for workers is going up.”
Joe Biden stated on October 8, 2022 in an Instagram post: The Biden administration has “created” more than double the number of jobs per month, on average, than any other administration going back to George H.W. Bush.
Zach Nunn stated on September 14, 2022 in a tweet: “Iowans are paying $5,000 extra for everyday goods under Biden and Axne’s inflation.”
Janet Yellen stated on July 24, 2022 in an interview on NBC's "Meet the Press": "We've cut the deficit by a record $1.5 trillion this year."
Ron Johnson stated on June 28, 2022 in Twitter: "Thanks to failed Dem policies, beer is 9.1% more expensive."
Cavalier Johnson stated on May 27, 2022 in News conference: The RNC is “a $200 million economic infusion into our communities.”
Joe Biden stated on June 16, 2022 in an interview with the Associated Press: “In every other major industrial country in the world … inflation is higher.”
Glenn Grothman stated on May 21, 2022 in Newsletter: "Nearly 60% of all student loan debt is held by the rich and upper-middle class," so forgiveness would give the wealthy a "financial windfall" but not really help low-income people.
Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.”
John Macco stated on April 18, 2022 in Twitter: Says Gov. Tony Evers "wanted to increase your taxes by $1 billion just for heating your homes. Instead, Republicans cut your taxes by more than $2 billion."