Birdwatch Note Rating
2024-08-17 00:52:41 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E8CAD8B39ABC228A465106E6ACA3EA1ABA52146F6CA948A883D4C1B0F00F8114
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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