PolitiFact has had a lot of issues with determining what are...you know..."facts" at times.
Their "2011 Lie of the Year" was the claim that Republicans had voted to end Medicare, the main problem with that appelation being that the claim was TRUE.
Rachel Maddow has taken them to task several times for being "bad at their jobs." Most of these times, PoliFact has found statements to be factually true or false, but because they are mindreaders they determined that the statement was trying to imply some other point and therefore gave equivocating ratings such as "mostly true" or "mostly false."
But even a blind pig tells the correct time twice a day (or however that goes), because today they got something right.
They looked at the issue:
Putting Mitt Romney's attacks on 'You didn't build that' to the Truth-O-MeterAnd came to a correct conclusion:
For nearly two weeks, the Romney and Obama campaign have been arguing about whether President Barack Obama insulted entrepreneurs.
Our rulingThat's false. Not kinda-sorta-false, or mostly-false, or halfway-true. Meter all the way to the red: FALSE.
In speeches and videos, the Romney campaign has repeatedly distorted Obama's words. By plucking two sentences out of context, Romney twists the president's remarks and ignores their real meaning.
The preceding sentences make clear that Obama was talking about the importance of government-provided infrastructure and education to the success of private businesses.
Romney also conveniently ignores Obama's clear summary of his message, that "the point is ... that when we succeed, we succeed because of our individual initiative, but also because we do things together."
By leaving out the "individual initiative" reference, Romney and his supporters have misled viewers and given a false impression. For that, we rate the claim False.