“When unemployment goes down, inflation goes up.”
What PolitiFact found
Pelosi’s comment is outdated. There is still an element of truth to this theory, but several decades of real-world experience has shown that the relationship between unemployment and inflation is not all that precise.
Their words, from the summary they publish with the rating.
In short
Nancy Pelosi (House speaker) made this claim around 16 May 2022. PolitiFact (United States) looked into it and published its finding on 18 May 2022, 2 days later. Its rating was “Mostly False”.
Nancy Pelosi has 17 checked claims in this archive. Fact-checking organisations rated 4 of them false or fake, 11 misleading or mixed and 1 true.
Where the claim appeared
- YouTube videohttps://www.youtube.com/watch?v=Fjtt0eAQDrI
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.
Related checks
- Washington Post: Four Pinocchios“Inflation “was at 9 percent when I came in and it’s now down around 3 percent.”