Birdwatch Archive

Birdwatch Note Rating

2023-10-12 17:59:33 UTC - NOT_HELPFUL

Rated by Participant: 8C95C870BAE33B82255F1138C90BFCA50AFB173BBAEDBD6083D93CEDE9AD2EE6
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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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