Birdwatch Note Rating
2024-09-20 11:34:12 UTC - HELPFUL
Rated by Participant: 71E6E534815642E6DF0A928D260952B79432AF30EA2169581962E84903705434
Participant Details
Original Note:
When Biden took office: -inflation was 1.4% -average 30 year interest rate was 2.7% -unemployment was 6.4% -S&P was up 500 from pre-Covid These metrics do not indicate Biden "inherited the worst economic crisis since the Great Depression". https://www.usinflationcalculator.com/inflation/historical-inflation-rates/ https://fred.stlouisfed.org/series/MORTGAGE30US/ https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm?os=win&ref=app https://finance.yahoo.com/quote/%5EGSPC/
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