Birdwatch Note
2024-08-16 20:31:28 UTC - NOT_MISLEADING
NNN: Proposed CN repeats HarrisHQ's proposal but misses the economic implications: 1. $25k => prices go up due to elasticity. 2. 3mm new houses /tax credits/ Spending $40mn: Reduced tax revenue, increased spending => Deficit => Inflation => Higher prices https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Microeconomics_3e_(OpenStax)/06%3A_Consumer_Choices/6.03%3A_How_Changes_in_Income_and_Prices_Affect_Consumption_Choices
Written by 136C34279AEFCFA6F1271DB201D709E6B72297A48D65EF90FD4613D83C24C2B8
Participant Details
Original Tweet
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All Information
- ID - 1824544529514631231
- noteId - 1824544529514631231
- participantId -
- noteAuthorParticipantId - 136C34279AEFCFA6F1271DB201D709E6B72297A48D65EF90FD4613D83C24C2B8
- createdAtMillis - 1723840288892
- tweetId - 1824333954519900371
- classification - NOT_MISLEADING
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- misleadingOther - 0
- misleadingFactualError - 0
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- summary
- NNN: Proposed CN repeats HarrisHQ's proposal but misses the economic implications: 1. $25k => prices go up due to elasticity. 2. 3mm new houses /tax credits/ Spending $40mn: Reduced tax revenue, increased spending => Deficit => Inflation => Higher prices https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Microeconomics_3e_(OpenStax)/06%3A_Consumer_Choices/6.03%3A_How_Changes_in_Income_and_Prices_Affect_Consumption_Choices
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