Birdwatch Note Rating
2024-09-19 18:36:20 UTC - HELPFUL
Rated by Participant: E61E428635B8D7D17E6CE0CA40C697A4D01D8F36BFBC8457C8E75813214A589F
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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