Birdwatch Archive

Birdwatch Note

2024-09-30 16:24:14 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Trade deficits and budget deficits are fundamentally different. A trade deficit is when a country imports more than it exports. A budget deficit happens when the government’s expenditures exceed its revenues, necessitating borrowing or financing to cover the shortfall. https://taxfoundation.org/blog/trade-deficit-myths/

Written by C54CDC2006A37C35B96C4E9961822EB3A704F75F5C3C0CC68586E35AEDA2F52C
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• noteId - 1840789762720067804
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• noteAuthorParticipantId - C54CDC2006A37C35B96C4E9961822EB3A704F75F5C3C0CC68586E35AEDA2F52C Participant Details
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• tweetId - 1840754159122841894
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
• validationDifficulty -
• misleadingOther - 1
• misleadingFactualError - 1
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• summary
• Trade deficits and budget deficits are fundamentally different. A trade deficit is when a country imports more than it exports. A budget deficit happens when the government’s expenditures exceed its revenues, necessitating borrowing or financing to cover the shortfall. https://taxfoundation.org/blog/trade-deficit-myths/