Birdwatch Note Rating
2023-10-28 15:30:52 UTC - HELPFUL
Rated by Participant: 695B8EE453EDA615C4FB4BC7B6B28F4B9E5E9740BDAF8F9870E45FB52E78EE26
Participant Details
Original Note:
The Biden Administration changed the way inflation is calculated. Since the change, inflation appears to be decreasing on paper. The current method being used by the administration understates inflation. https://www.marketwatch.com/story/americans-need-a-fairer-measure-than-cpi-to-reveal-inflations-true-cost-3d7a0c85 https://www.fedsmith.com/2023/04/19/inflation-severity-depends-how-its-measured/#:~:text=Since%201980%2C%20the%20Bureau%20of,increase%20in%201980%20was%2014.3%25 https://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/
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