Birdwatch Note Rating
2024-08-18 18:15:28 UTC - NOT_HELPFUL
Rated by Participant: BAEABDF8F3B6A82B4F1E30F1748CA13B6FCF11AD05D9DEA698DA7EFEA06526FF
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
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