Birdwatch Note Rating
2024-05-25 01:51:44 UTC - HELPFUL
Rated by Participant: 6E3C8B3BA070831E6AA039CBEC97573EA88B79ED95AA7FB480C76FA68934E0B3
Participant Details
Original Note:
The Dow was at 29400 in early 2020 then fell to 19000 when Biden took office due to COVID. 29400 to 40000 is a 34% increase. Over the same period, inflation was roughly 21%. Real wages adjusted for inflation have fallen slightly over the same period. https://g.co/kgs/JB31WtS https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/#:~:text=U.S.%20inflation%20rate%20versus%20wage%20growth%202020%2D2024&text=The%20rate%20of%20inflation%20exceeded,wages%20grew%20by%204.7%20percent.
All Note Details