You have reached your limit of free articles this month.

Enjoy unlimited access to myAJC.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and bonus content- exclusively for subscribers. Starting at just 99¢ for 8 weeks

X

Welcome to myAJC.com

This subscriber-only site gives you exclusive access to breaking news, in-depth coverage, exclusive interactives and bonus content.

You can read free articles of your choice a month that are only available on myAJC.com.

PolitiFact looks at Trump and Clinton statements on the economy


There’s just over a week left before the Nov. 8 election. For the next week, PolitiFact Georgia will be looking at how Democrat Hillary Clinton and Republican Donald Trump have fared on fact-checks about major issues in the race for president of the United States.

Today we look at their statements on the economy.

Donald Trump on Wednesday, October 19th, 2016 in the third 2016 presidential debate:

Says Hillary Clinton’s “plan is going to raise taxes and even double your taxes.”

In the third debate, Trump said Clinton’s proposal could lead to big bills for taxpayers.

Independent analyses found that the vast majority of taxpayers would see tax cuts or no change to their tax bill under the Clinton plan.

The richest taxpayers would see increases — and the very richest could see significant increases — but even the typical rich taxpayer would not see their taxes double.

We rated Trump’s statement Mostly False.

Hillary Clinton on Monday, September 26th, 2016 at Hofstra University, said the Great Recession emerged “in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.”

In the first presidential debate, Clinton made some claims about the Great Recession.

It’s widely accepted that lack of Wall Street regulation played a role. It’s arguable that income inequality helped set the conditions. But an broad spectrum of economists agreed that the recession was primarily caused by a housing bubble that turned into a financial crisis.

So it’s a significant exaggeration for Clinton to say tax cuts on the wealthy “in large part” caused the crisis.

We rated Clinton’s claim Mostly False.

Donald Trump on Saturday, July 30th, 2016 in a tweet:

“American home ownership rate in Q2 2016 was 62.9% - lowest rate in 51” years.

Trump said home ownership is at its lowest since 1965.

There are some caveats, like lifestyle, not economic, changes. And some experts say the housing market is not in as dire straits as this one statistic suggests. There are many factors in this equation. But for the most part, he’s right.

We rated Trump’s claim Mostly True.

Hillary Clinton on Tuesday, July 5th, 2016 in a speech in Charlotte, N.C.:

Said Donald Trump “wants to get rid of the federal minimum wage.”

She is right. While Trump has been all over the map on the issue, he has said the federal government should not set a nationwide minimum wage at all.

He also said he personally thinks the minimum wage should be higher or it should be up to the states.

We rated Clinton’s claim True.

Donald Trump on Thursday, October 13th, 2016 in a speech in West Palm Beach, Fla.

“Workers in the United States are making less than they were almost 20 years ago, and yet they are working harder.”

Based strictly on what Trump is saying, he’s incorrect. Median, inflation-adjusted wages are higher now than they were for 18 out of the 20 previous years. Hours worked are lower now than in any previous year except around 2014 after the Great Recession. However, median household incomes have fallen.

We rated the statement Mostly False.

Hillary Clinton on Monday, March 21st, 2016 in a rally at a Phoenix high school said:

“The economy always does better when there’s a Democrat in the White House.”

Democratic presidents do have more Gross Domestic Product growth than Republicans, according to quarterly GDP data dating back to 1947.

But there are some caveats. The current growth in the economy under Obama is lower than the Republican average. Factors such as oil prices also reflect the higher GDP growth under Democratic presidents. Additionally, comparisons of one period of time to another or one president to another can be problematic.

We rated Clinton’s claim Half True.


Reader Comments ...


Next Up in Georgia Politics

Latest health bill estimates: up to 1 million fewer Georgians covered
Latest health bill estimates: up to 1 million fewer Georgians covered

Senate GOP leaders have made change after change to their health care legislation to try to persuade Republican senators to vote for it. But that has not changed the flow of estimates showing that while the government would save money, large numbers of Americans — including more than a half-million Georgians — would lose health insurance...
Unorthodox budget plan from Georgia’s Tom Graves hits wall in House
Unorthodox budget plan from Georgia’s Tom Graves hits wall in House

Georgia U.S. Rep. Tom Graves had a plan to aid his Republican colleagues as they prepare to face a wave of angry voters during the upcoming August recess. President Donald Trump’s supporters — many of whom also make up the political base for GOP lawmakers — are livid at Congress’ glacial pace advancing the White House&rsquo...
Trump's comments on Sessions: What they are saying about The New York Times interview
Trump's comments on Sessions: What they are saying about The New York Times interview

Attorney General Jeff Sessions on Thursday said he plans to continue in his job despite comments President Donald Trump made in an interview with The New York Times.  Trump said that if he had known that Sessions was going to recuse himself from the investigation into Russian meddling in the 2016 presidential election, he would have picked someone...
Opinion roundup: What are they saying from the Left and from the Right today

Ann Coulter is talking about Delta Airlines (again), and social media is upset because Michael Vick wants to know why Colin Kaepernick doesn’t cut his hair. Here's a look at those columns and other opinions Thursday from the Right and from the Left. “Against the backdrop of exploding insurance premiums and vanishing options for health care...
Your Thursday political briefing: Trump regrets Sessions choice; health care; McCain has brain cancer
Your Thursday political briefing: Trump regrets Sessions choice; health care; McCain has brain cancer

Here’s what’s trending in politics around Georgia and across the nation on Thursday. 1. Trump says he would never have hired Sessions if he knew he was going to recuse himself President Donald Trump on Wednesday said he would never have nominated Jeff Sessions to be attorney general if he had known the former Alabama senator was going...
More Stories