Birdwatch Note Rating
2023-07-13 01:49:23 UTC - HELPFUL
Rated by Participant: 84C867F3AC97BFA1D1CA924F03D15034B6C963DA87840CD08E4CC3BDD8954BA4
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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