Birdwatch Note Rating
2023-10-12 20:10:09 UTC - HELPFUL
Rated by Participant: 037E64C28AB997CB3551DE4BE91EA8BC43092526DFB2E80A1FED1C5B4BB1F092
Participant Details
Original Note:
According to Moody's Analytics, the typical American household is now spending upward of $700 more each month than it did two years ago, and real earnings remain at 2019 levels, contradicting the assertion there is "very little cost" to inflation. https://www.cnn.com/2023/08/11/economy/inflation-rate-spending/index.html#:~:text=US%20inflation%20has%20had%20a,services%2C%20according%20to%20Moody's%20Analytics.
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