Birdwatch Note Rating
2023-06-04 07:08:08 UTC - HELPFUL
Rated by Participant: 5B0B43148F9A19DDABA2BE4434641F1A2CFE7330A492D57579FC51683DA7C678
Participant Details
Original Note:
Tweet is cherry picking favorable aspects of the inflation report & ignoring other important context. Annual inflation is currently 4.9%, which is high for most of the 21st Century. It was 1.4% at Biden's inauguration & peaked at 9.1% in 6/2022. The goal is 2%. https://www.bls.gov/news.release/cpi.nr0.htm https://www.usinflationcalculator.com/inflation/current-inflation-rates/, https://beta.bls.gov/dataViewer/view/timeseries/CUUR0000SA0 https://www.federalreserve.gov/faqs/economy_14400.htm
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