Birdwatch Note Rating
2024-06-12 23:47:54 UTC - HELPFUL
Rated by Participant: 65E8D1C7348255079A8DED04AA068034359744B49D367DEB9AD77B5A3ABF732B
Participant Details
Original Note:
Saying that headline inflation in May is 0% based on June data can be misleading because it focuses on the month-to-month change rather than the more commonly used year-over-year (YoY) measure. YoY it is 3.3%. Cumulatively since his term started, it is almost 20%. https://www.cnbc.com/amp/2024/06/12/cpi-report-june-inflation.html https://www.cnn.com/2022/08/11/business/nightcap-biden-inflation-facebook-chatbot/index.html https://finance.yahoo.com/news/bidens-big-inflation-problem-prices-are-now-up-nearly-20-since-he-took-office-080049551.html
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