Birdwatch Note Rating
2023-08-23 12:58:11 UTC - HELPFUL
Rated by Participant: 719260063A068B62F507E549C70C7C6D6DD0A1332EB7A31D40B712CC8DDFE93A
Participant Details
Original Note:
Costs have not been lowered since Biden has been in office. Lowering costs requires deflation. https://amp.cnn.com/cnn/2023/06/20/business/inflation-vs-deflation-prices/index.html The consumer price index measured a 1.4% increase in the price of consumer goods when Biden took office, peaked at 9.1% in June 2022, and measured at 3.2% as of July. https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
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