Birdwatch Note Rating
2023-07-13 12:39:12 UTC - HELPFUL
Rated by Participant: 34B71E046F1141865938B45759041253B8D30D866C4EE8F689A1B357AABC3773
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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