Birdwatch Note Rating
2024-08-16 21:08:09 UTC - HELPFUL
Rated by Participant: 86DD7B849DAFB5F68ACF5F3B938CF587D5101F2A7B6CC5857A685FA0EB337BB4
Participant Details
Original Note:
Mr. Johnson is misunderstanding causes and timing of inflationary cycles. The main driver of the inflation over the last few years was record deficit spending from 2020. It takes a while to impact the economy, and signing is not a cause. Printing and spending money is. https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
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