Birdwatch Note Rating
2023-07-06 11:09:46 UTC - HELPFUL
Rated by Participant: D6DEA413F5D854AA29B47892B384462A60F2C3282EE2637E635EBE462C3CA8BB
Participant Details
Original Note:
Subsidies have to be financed by the government, and therefore they may cause larger deficits, thus contributing to the inflationary process. https://www.afr.com/policy/economy/no-magic-wand-14-6b-cost-of-living-splurge-will-drive-up-inflation-20230508-p5d6jx https://www.cambridge.org/core/journals/recherches-economiques-de-louvain-louvain-economic-review/article/abs/government-subsidies-inflation-and-consumers-welfare/C5A304FC437DD57D5A5BC7EDFAC9CF42 https://hbr.org/2008/12/inflation-subsidies-an-explosive-mix https://www.wsj.com/articles/subsidies-inflation-reduction-act-taxes-middle-class-companies-workers-income-payroll-biden-government-intervention-11663255440
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