Birdwatch Note Rating
2024-04-13 21:39:57 UTC - HELPFUL
Rated by Participant: 3767791A30C1B14F29C5BEC0498C73233448EF5AB58A1D88233455B4B5CDD3DD
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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