Birdwatch Note Rating
2024-10-26 16:20:53 UTC - HELPFUL
Rated by Participant: FFEC289F3A1B434D8808B4BBD3793552ACB39B577046F8FA9F9F799519BE5086
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Original Note:
Inflation is not down. Inflation is cumulative. The Cumulative Rate of Inflation since Biden took office is 21.8%. https://www.usinflationcalculator.com/?origin=serp_auto GDP has grown under Biden. But Debt-to-GDP has also grown from 107% in Q1 20 to 120% in Q2 24 indicating a higher risk to default on the national debt. https://fred.stlouisfed.org/series/gfdegdq188S?origin=serp_auto
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