Birdwatch Note Rating
2023-01-09 15:33:21 UTC - HELPFUL
Rated by Participant: A2FB04B3AA067597A95EED33C548DE97446169A6FA577C61C09CB9AF0F036508
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Original Note:
According to Politifact's fact-check: "Some lawmakers have suggested that high corporate profits have been driving inflation, which is at a 40-year high. But economists say the opposite is true, with inflation boosting company profits, which are at historical highs." https://www.politifact.com/article/2022/dec/10/what-do-high-corporate-profits-have-do-high-inflat/
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