Birdwatch Note Rating
2023-04-27 16:08:32 UTC - HELPFUL
Rated by Participant: 7DA093B2FA035ACF6D51CCBEA31A15784396CD9EE514C2F2E07293DF3F528C57
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