Birdwatch Note Rating
2024-03-14 23:50:35 UTC - HELPFUL
Rated by Participant: 649C140BAEEFC1394DB30BED95EABD01F92D4BF85E675E2A1FE7FF4DA810AF33
Participant Details
Original Note:
$62,455 in 2020 dollars adjusted for inflation would be $73,652 in 2023. Although per-capita GDP may have nominally increased during Biden’s term, the inflation-adjusted per-capita GDP has decreased by $6,145. That is a nearly 10% decline in purchasing power. https://westegg.com/inflation/?money=62455&first=2020&final=2023
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