Birdwatch Note Rating
2024-10-05 17:34:04 UTC - HELPFUL
Rated by Participant: F44CED4E69BBC889F81134FF0FEEFD67CA55EF065FCC3AC6EEB6F6FCBDD47127
Participant Details
Original Note:
Inflation adjusted government spending in 2020 was 7.72 Trillion. In 2023 it was 6.13 Trillion. https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/ Inflation between 2020 and 2023 was 18%. This would put 2023 nominal to 7.23 Trillion USD compared to 2020 – which is still a decrease, very far from a 44% increase. https://www.usinflationcalculator.com/
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