Birdwatch Note Rating
2023-10-12 17:35:19 UTC - HELPFUL
Rated by Participant: 616C64F11C50143836A9DE926E7C71911080FA1FC77AA47D389E0F160086FD6F
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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