Leading up to the November election, 7NEWS and TheDenverChannel.com will check the accuracy of political ads.
"Truth Tracker," is based on the following scale: -True -Mostly True -Mostly False -False -Misleading -Opinion
The ad entitled, "News," is paid for by a group called, "Crossroads Grassroots Policy Strategies" (GPS).
Crossroads GPS (More info: http://www.crossroadsgps.org Link
) is a Washington, D.C.-based political action committee. It is the non-profit arm of American Crossroads, which was founded by Karl Rove, a former strategist for President George Bush.
The ad begins with a clip from the CBS Evening News dated July 17, 2012.
"Good evening. This is the worst economic recovery America has ever had," said CBS Evening News anchor Scott Pelley.
It's important to note that the clip used during the ad is not an endorsement by the anchor.
To hear the entire anchor introduction to the story used in the ad, use the following link and watch at 54 seconds (More info: http://cbsn.ws/OHSgOn Link
The anchor introduced a story about Federal Reserve Chairman Ben Bernanke calling any improvement to unemployment as being, "
likely, frustratingly slow."
AD: "41 straight months of unemployment over eight percent..."
TRUTH TRACKER: TRUE
As the CBS Evening News story continues, a chart is created showing 41 months of unemployment at a rate more than eight percent.
7NEWS checked with the Bureau of Labor Statistics and found that since February 2009, unemployment has been more than eight percent. However, at 8.3 percent, it is currently among the better percentages since February 2009.
Here is a brief look at unemployment during President Barack Obama's term.
February 2009: 8.3 percent October 2009: 10 percent February 2010: 9.8 percent October 2010: 9.5 percent February 2011: 9 percent October 2011: 8.9 percent February 2012: 8.3 percent July 2012: 8.3 percent
In February 2009, it was 8.3 percent, peaking at 10 percent in October 2009. Unemployment stayed steady, then steadily declined over the next three years until May 2012 when it jumped from 8.1 percent to 8.2 percent. In July 2012, it jumped again back to 8.3 percent.
(More info: http://data.bls.gov/timeseries/LNS14000000 Link
In Colorado, unemployment in June 2012 was at 8.2 percent. Here is a brief look at unemployment in Colorado during President Obama's term.
February 2009: 7.2 percent October 2009: 8.4 percent February 2010: 8.9 percent October 2010: 9 percent February 2011: 8.6 percent October 2011: 8.1 percent February 2012: 7.8 percent July 2012: 8.2 percent
(More info: http://data.bls.gov/timeseries/LASST08000003 Link
AD: "Almost four million fewer jobs than President Obama predicted."
TRUTH TRACKER: MISLEADING
First, you need to know where the source of this statement comes from. According to the ad, the source is, "The Job Impact of the American Recovery and Reinvestment Plan."
(More info: http://bit.ly/CxLsG Link
The source is a 14-page analysis prepared prior to President Obama taking office (January 9, 2009) by Christina Romer, his former economic advisory council chairwoman and Jared Bernstein, economic adviser for then Vice President-elect Joe Biden.
The paper essentially provides statistics and data predictions on unemployment and the economy with and without a potential stimulus package.
The analysis predicts saving or creating three million jobs with a stimulus. Later in the paper, it suggests that without a stimulus package, the economy would lose another three to four million jobs.
The Bureau of Labor Statistics provides data showing how many jobs were lost or gained every month. 7NEWS did the math, and since February 2009, there has been a loss of 473,000 jobs.
(More info: http://bit.ly/fkRnQT Link
There was a stimulus package passed by Congress and signed by the President. Since the analysis predicted a loss of three to four million jobs without a stimulus, 473,000 is up to 3.5 million fewer jobs lost than expected.
AD: "23 million Americans without full-time work."
TRUTH TRACKER: MOSTLY TRUE WITH A HINT OF MISLEADING
Based on data provided by the Bureau of Labor Statistics, there are about 23 million who are unemployed AND those who are still working at their jobs, but are now working fewer hours at those jobs.
AD: "The results of President Obama's failed stimulus policies."
TRUTH TRACKER: OPINION
AD: "Tell him, for real job growth, stop spending and cut the debt. Support the new majority agenda at newmajorityagenda.org."
TRUTH TRACKER: OPINION
When you go to the new majority agenda website, the site directs you to www.crossroadsgps.org/issues. It is part of the political action committee's website. It provides links to support suggestions: "pro-growth tax policy," "renewed commitment to the power of free enterprise" and "restrained spending that no longer crowds out private sector investment and real growth."
If you have any questions, contact Marshall at email@example.com
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