Birdwatch Archive

Birdwatch Note Rating

2023-07-07 19:16:47 UTC - HELPFUL

Rated by Participant: FF695A41D943AAB992419AC96389524A2061BCCD284BB9097110B480F5542983
Participant Details

Original Note:

$2T "in real wealth" is referring to wealth after inflation. Berkeley economists estimate that the average middle class individual lost $34k since March 22', the start of interest rate hikes. Most of this loss is "paper wealth" that is not felt on a day-to-day basis. https://www.bloomberg.com/graphics/2023-bidenomics-middle-class-economic-anxiety-2024-election/

All Note Details

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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