Birdwatch Note Rating
2023-02-19 02:51:18 UTC - HELPFUL
Rated by Participant: 3C97DAB47FCDB858BA6C6F4439076B3587976C411725E43FF0AD595856BC87A9
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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