Birdwatch Note Rating
2023-07-13 03:21:24 UTC - HELPFUL
Rated by Participant: 12B422125E9668D1F48191E8AA2D30807E44A823FDB790897916E577EC49C80E
Participant Details
Original Note:
Current inflation is 115% higher than when Joe took office. Current inflation is 50% higher than the fed target of 2%. https://www.usinflationcalculator.com/inflation/historical-inflation-rates/ Cumulative inflation under President Biden is 16.6%. Fed target for cumulative inflation during that time was 4.8%. https://www.bls.gov/data/inflation_calculator.htm
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