Birdwatch Note Rating
2023-11-30 17:46:56 UTC - HELPFUL
Rated by Participant: 0BA305831B2E57F9797B963EA85E6F62A0DE6A4FD6A0F3E3A15F32FE1CC5B93A
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