Birdwatch Note Rating
2023-07-12 23:35:37 UTC - HELPFUL
Rated by Participant: 2F0B8AF2B3472C02E2CE7F53C9BDEBEEACDBB2256705C45DF514447A24A415D0
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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