Birdwatch Note Rating
2023-02-18 17:01:03 UTC - HELPFUL
Rated by Participant: 6BDBD3CCEC6237C6FE29D1630EC970AA0474FF5584861121D215537467AB6143
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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