Home
/
RELIGION & LIBERTY ONLINE
/
The Market Outlook for the Facts of the Matter
The Market Outlook for the Facts of the Matter
Nov 14, 2025 6:07 AM

With two presidential debates and one vice presidential debate already behind us, fact-checkers across the nation must be pulling their hair out. A brief survey of factcheck.org sheds some important light on the many claims and figures that have been tossed around in the last two weeks, revealing little concern from either ticket for the facts of the matter. Why is this the case? And must we simply resign ourselves to this dismal state of affairs?

Take a look at this list from last night’s debate, for example:

Obama challenged Romney to “get the transcript” when Romney questioned the president’s claim to have spoken of an “act of terror” the day after the slaying of four Americans in Libya. The president indeed referred to “acts of terror” that day, but then refrained from using such terms for weeks.Obama claimed Romney once called Arizona’s “papers, please” immigration law a “model” for the nation. He didn’t. Romney said that of an earlier Arizona law requiring employers to check the immigration status of employees.Obama falsely claimed Romney once referred to wind-power jobs as “imaginary.” Not true. Romney actually spoke of “an imaginary world” where “windmills and solar panels could power the economy.”Romney said repeatedly he won’t cut taxes for the wealthy, a switch from his position during the GOP primaries, when he said the top 1 percent would be among those to benefit.Romney said “a recent study has shown” that taxes “will” rise on the middle class by $4,000 as a result of federal debt increases since Obama took office. Not true. That’s just one possible way debt service could be financed.Romney claimed 580,000 women have lost jobs under Obama. The true figure is closer to 93,000.Romney claimed the automakers’ bankruptcy that Obama implemented was “precisely what I mend.” Romney did favor a bankruptcy followed by federal loan guarantees, but not the direct federal aid that Obama insists was essential.Romney said he would keep Pell Grants for e college students “growing.” That’s a change. Both Romney and his running mate, Ryan, have previously said they’d limit eligibility.

Furthermore, and more disconcerting, they note,

Both candidates repeated false or misleading claims they have made, and we have rebutted, many times before. Obama repeated his claim that he wouldn’t put tax rates for affluent families higher than they were under Bill Clinton. Actually, he’s already signed two new taxes that will also fall on those same e persons. And Romney accused Obama of saying “no” to the Keystone XL pipeline. Actually, no final decision has been made, and pany says it expects to win approval and start construction early next year.

Not only have President Obama and Governor Romney failed to properly represent the facts, but two weeks after such misrepresentations have been pointed out, they are still singing the same tune. And their running mates were no exception last Thursday:

[B]oth Biden and Ryan continued to twist the facts about Romney’s tax plan. Biden again misrepresented the findings of the nonpartisan Tax Policy Center, and Ryan repeated a misleading claim that “six studies have verified” that the plan is mathematically possible.

Wishing to be charitable, I might characterize the politicians vying for our nation’s highest offices as “repeatedly mistaken,” but somewhere along the line someone on both sides is simply choosing to overlook the facts, unless we are to believe that both our president and his challenger have hired utterly petent researchers to support their campaigns—hardly a concession that instills me with much confidence in either of them. Discounting this unlikely possibility, the only logical conclusion is that the facts of the matter aren’t getting any lip service because the candidates do not believe that the facts actually matter to American voters. They are saying what they think people want to hear, intentionally ignoring reality and the hard choices needed to change our country for the better. And they are content to portray their opponents in the worst light with such misleading claims.

For this election, neither major party’s candidates show any signs of wavering from such empty rhetoric. But I wonder, is such a thing really as inconceivable as we so often assume? Many of us have grown accustomed to expect this from our politicians, even at times making excuses that such misrepresentation is a necessary part of political persuasion. But what sort of response would a candidate have if they were able to say to the American people, “Check the facts: my claims hold up; my opponent’s don’t” and have it actually be the truth? What other campaign strategy would be needed? Truth, I think, is grossly underrated all around. As Aristotle notes, a person’s character is “the most effective means of persuasion he possesses.” A candidate that could show that the claims he/she makes are actually reliable would have a huge persuasive advantage, and rightly so. Indeed, a politician could even build a reputation around it (e.g. “Honest Abe” Lincoln).

Is there an untapped market for candidates with integrity who actually use reliable information in their rhetoric? I think so. But until demand more dramatically changes for the facts of the matter, we ought not to expect the supply of pandering statistics and misleading claims to diminish. The market for cheap and mangled “facts” appears to be too strong for the time being.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Radio Free Acton: Benjamin Domenech On The Roots And Rise Of American Populism
On this edition of Radio Free Acton, Jordan Ballor – Acton Research Fellow, Director of Publishing, and Executive Editor of the Journal of Markets and Morality – talks with Benjamin Domenech, publisher of The Federalist, about the current populist moment in American politics, the roots of American populism, and what the possible es of the current populist uprising may be for the United States. For more from Ben Domenech, be sure to check out The Federalist Radio Hour, and subscribe...
The case for faith and a free market
“In modern times, more and more Americans have unwittingly relinquished their freedoms and self-determination to career politicians,” says Daniel Garza, president and chairman of The LIBRE Institute. “Millions have ceded their fate to a raft of government programs and entitlements administered by a powerful central government.” Fighting poverty through work, generated by a free market economic system, is essential to sustain a free society. Ours is the only system the world has ever known that so effectively improves the human...
‘The world has never been less bad’
A new interactive tool shows that men, women, and families from around the world have a lot more similarities than differences. With the U.S. presidential election, confusion over Brexit, and seemingly crumbling international relationships, 2016 feels like it’s been months and months of anger, resentment, and disharmony. Americans—and non-Americans too—are feeling like we have nothing mon with anyone anymore. It’s worth taking a moment to look at the data and realize that just isn’t true. Gapminder recently launched a new...
Do the wealthy pay their fair share of taxes?
During her presidential campaign, Sec. Hillary Clinton has repeatedly said she’d implement a tax system in which the wealthy “pay their fair share in taxes.” Expecting the rich to pay what is “fair” is not asking to much of them. But one question that is rarely considered is, “What if they already do pay their fair share?” Before we can determine whether the rich pay enough we have to first ask what would be “fair.” How much of total tax...
26th Annual Dinner, ‘a pivotal refresher’
Last night, more than 800 men and women attended the Acton Institute 26th Annual Dinner at the J.W. Marriot in downtown Grand Rapids. The evening was highlighted by the presentation of the 2016 Faith and Freedom Award to the late Justice Antonin G. Scalia, but one person in attendance took note of Father Sirico’s special remarks on the crisis of liberty and the despair it has created. David Bahnsen, a faculty member of Acton University and longtime friend of Acton,...
Why Doug (like other low-income Americans) doesn’t trust authority
This weekend Saturday Night Live had a sketch that set the Internet abuzz and had Slate asking whetherthe skit was the “most astute analysis of american politics in 2016.” The setup was “Black Jeopardy!”,a recurring bit on SNL that normally pits two lower-class black contestants against a wealthier and/or well-educated white contestant who is clueless about African-American perspectives on race and culture. Thistime, though,the white guy is a working-class (presumed)Trump supporter named Doug(played by Tom Hanks)—who isn’t as out of...
Immigrants: Don’t vote for what you fled!
Many of America’s immigrants fled nations that were ruined by corrupt politicians and failed government policies. So why, asks Gloria Alvarez, “do you support the same policies in the U.S. that caused you to flee your home country?” Alvarez, Project Director at the National Civic Movement of Guatemala, says that what makes the United States different from her home country of Guatemala is the “unique American belief in limited government” that leads to greater individual freedom and personal responsibility. This...
Acton alumnus John Nunes makes history at Concordia College
John Nunes John Nunes has made history as the first African American president at Concordia College. On October 22, 2017, the Acton Alumnus and long-time Acton friend was installed as the ninth president of Concordia College-New York. Nunes is the only African American college president serving at an orthodox Christian college in the United States. An ordained pastor in the Lutheran Church (Missouri Synod), Nunes was most recently the Emil and Elfriede Jochum Chair at Valparaiso University and prior to...
The ‘Greed Myth’ and other economic illusions
Confusion about economics is rampant both among elected officials and the electorate. Fortunately, as Jay Richards says, it doesn’t take an advance degree to understand how innovation and free markets lead to flourishing. All it takes is dispelling a few economic illusions: 1. Can’t we build a just society? In seeking a more just society, we must avoid the “Nirvana Myth,” that paring the market economy with an unrealizable ideal. hough the kingdom of God is already present in some...
Why coffee tasting matters to God
Does the work of a coffee buyer have an impact that stretches on into eternity? Does coffee tasting matter to God? In a new video from Chapel Hill Bible Church, coffee taster and buyer Jeff McArthur shares how he came to see the deeper meaning of his work, both in the day-to-day trades and exchanges with his customers munity and in the relational ripple effects that reach on into the broader economic order. “I feel like sometimes God has us...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved