Birdwatch Note Rating
2023-05-17 23:00:28 UTC - HELPFUL
Rated by Participant: CEFD2CACA791BA6666D2548F85F1AC8198D7AB1C085B68A7B603D3301AF70FC6
Participant Details
Original Note:
Biden's 2021 American Rescue Plan Act added approximately $1.9 trillion to the economy. Economists with diverse political views agree that it had an impact on inflation, with estimates up to 44% of the 2022 inflation rate of roughly 8.5%. https://www.wral.com/story/fact-check-did-biden-s-government-spending-cause-inflation/20247768/ https://www.vox.com/23036340/biden-american-rescue-plan-inflation
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