Birdwatch Note Rating
2023-04-28 04:01:38 UTC - HELPFUL
Rated by Participant: 69E6993D0D2A84B0F0AB1473E82BAE9FBF681686E9B0E8F84A09F0D760B57294
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
All Note Details