Birdwatch Note Rating
2024-08-18 03:06:26 UTC - HELPFUL
Rated by Participant: 64529D94227748A87D45278BFB9164ECDBAEF0609C57247399CAAABE5CD1852A
Participant Details
Original Note:
Presidents cannot unilaterally lower tax rates. * They can influence the Fed to do so, but the last time this happened, it led to a decade-long period of inflation. * They can enact policies (like new taxes, tax hikes, spending cuts) but Trump’s policies have been inflationary. https://www.bloomberg.com/news/newsletters/2024-07-20/bloomberg-weekend-reading-economists-warn-trump-policies-would-stoke-inflation
All Note Details