Birdwatch Note Rating
2023-10-12 17:07:25 UTC - HELPFUL
Rated by Participant: 6F5F97DB4B6B3D606F298D5FF7D5E40FF7F7D55C58B5764A086BC4A9845C0FCC
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.
All Note Details