Birdwatch Note Rating
2023-11-30 23:32:59 UTC - NOT_HELPFUL
Rated by Participant: 2CE8903508C0F0FFEDD27B44C7FB92EDD4C4E325361C01E54DFD4840F9802636
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