Birdwatch Note Rating
2024-05-21 09:58:44 UTC - NOT_HELPFUL
Rated by Participant: E7C004B03C2D9B95832ABFDE9D7715592CE301321B0AFC50CE875C15D3439B60
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.
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