| Senate Majority Leader Mitch McConnell resurrected an old talking point to take a jab at President Obama in an MSNBC interview this week. McConnell said: "People are legitimately unhappy. The average person is about $3,000 or $4,000 a year worse off today than when President Obama came to office.” He should’ve double-checked those numbers, which are four years out of date. This calculation is based in research by a nonpartisan economic consulting firm, which produces a monthly snapshot of median household incomes using the Census data. Mitt Romney’s presidential campaign used the $4,000 figure in 2012, even making it into a campaign ad. Updated figures show that even after taking inflation into account, median household income is now slightly higher than when Obama took office, not "$3,000 to $4,000" lower. Still, there’s been virtually no growth in income (inflation-adjusted) since 2000 — an issue politicians raise often. But that’s not an Obama-specific issue; a president has only limited control over the overall direction of the economy. McConnell received Four Pinocchios. Help us find ads, statements, speeches, quotes and figures that don’t quite pass muster. Send your fact-check suggestions: fill out this form, e-mail us or tweet us at @myhlee, @GlennKesslerWP or using #FactCheckThis. Read about our rating scale here, and sign up here for our weekly Fact Checker newsletter. Scroll down for this week’s Pinocchio round-up. — Michelle Ye Hee Lee |
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