Birdwatch Note Rating
2023-04-27 13:09:38 UTC - HELPFUL
Rated by Participant: 3B430254897F2CB1BDFE3CAC260933B2010ECA5C4FA2139DD37EE9C271437AED
Participant Details
Original Note:
Growth is not the same as growth relative to baseline. If I give you a pay cut, but am paying you, your revenue isn’t growing; it’s shrinking. The tax cuts are responsible for increasing debt-to-gdp: https://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/ CBO estimated at the time the cuts would add $1.8 trillion in debt: https://www.cbo.gov/system/files/2019-10/55743-CBO-effects-of-public-law-115-97-on-revenues.pdf
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