Birdwatch Note Rating
2023-02-20 21:21:03 UTC - HELPFUL
Rated by Participant: 0A4A0B2011FDD1AE57B1D418AEA6F90153063886489D9FF499D87CED92889B0B
Participant Details
Original Note:
Both are superficially true but ignore what really drove them: short-term COVID impacts. Massive job losses & recovery: US now only +2.7 million jobs than pre-COVID level. https://data.bls.gov/timeseries/CES0000000001 Planned expiration of emergency COVID spending in 2020 & 21 caused the deficit reduction in 2022. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#us-deficit-by-year
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