Birdwatch Archive

Birdwatch Note Rating

2023-07-13 12:27:55 UTC - NOT_HELPFUL

Rated by Participant: FA4A6273999C6B7EA9A9D361332A8404027E02B95E92152D0C39C08F1BCC1448
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Original Note:

Lower costs requires negative inflation. A falling rate of inflation simply means that prices are increasing less than before. https://www.investopedia.com/ask/answers/111414/what-difference-between-inflation-and-deflation.asp Since Biden has been sworn in, goods and services have become 15% more expensive overall according CPI data. https://www.rollcall.com/2023/03/15/introducing-the-presidential-inflation-rate-biden-trails-only-carter/

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