Birdwatch Note Rating
2023-07-29 21:10:14 UTC - HELPFUL
Rated by Participant: F5875CA19951AD1440902D14CD1CE2248C3F5DB71503E7BE6CAA393EBC6B9984
Participant Details
Original Note:
Kamala Harris's claim that 'most' Americans are $400 away from bankruptcy is incorrect. According to the Fed’s 2022 Economic Well-Being of U.S. Households survey released Monday, 37% of adults would not cover a hypothetical $400 emergency expense exclusively using cash. https://www.federalreserve.gov/newsevents/pressreleases/files/other20230522a1.pdf https://fortune.com/2023/05/23/inflation-economy-consumer-finances-americans-cant-cover-emergency-expense-federal-reserve/
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