Birdwatch Note Rating
2023-07-17 12:45:25 UTC - HELPFUL
Rated by Participant: 2EF3F8392874E0AD370C5E5C19B4BDE38F14547CE5A4055BF587D31F7E9902D2
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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