Birdwatch Note Rating
2023-11-30 17:19:51 UTC - NOT_HELPFUL
Rated by Participant: 064B8AC75F1BBD5C6D2A80F5400CB98F0F721A3E2EDA769C9EFF41835D8AF97F
Participant Details
Original Note:
Biden is commenting on the price increases done by corporations that go beyond inflation, referred to as "greedflation" in media. Corporations have used inflation as an excuse to raise prices far beyond the inflation rate leading to record profits. https://www.forbes.com/sites/jackkelly/2023/08/10/how-corporate-greedflation-contributes-to-higher-consumer-costs-and-job-losses/?sh=798215222981 https://www.federalreserve.gov/newsevents/speech/brainard20230119a.htm#:~:text=Retail%20markups%20in%20a%20number,the%20increases%20in%20input%20prices.
All Note Details