Birdwatch Note Rating
2023-12-03 23:28:01 UTC - HELPFUL
Rated by Participant: 4749D625C930E28A07FC86F2D8E3FC8D1FB8636AD197FD1A13D8C9168F35CE82
Participant Details
Original Note:
This is a joke but based on a misunderstanding of the Great Depression. Unemployment peeked at 25% in 1933. Today, it's 3.9% https://www.fdrlibrary.org/great-depression-facts https://www.bls.gov/news.release/pdf/empsit.pdf Real GDP fell by 29% and consumer prices fell 25%. Today, the U.S. Economy is growing at an annualized rate of 5.2%, with inflation at 3.7%. https://www.stlouisfed.org/the-great-depression/curriculum/economic-episodes-in-american-history-part-3 https://www.reuters.com/markets/us/us-third-quarter-economic-growth-revised-up-52-2023-11-29/
All Note Details