Birdwatch Note Rating
2024-10-28 14:42:20 UTC - HELPFUL
Rated by Participant: 2B0FE9787247C68AD1041F06B0F1B6056ECA6DB2638E6D746D8205F8FA1AD5C5
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Original Note:
Economists say Trump’s proposed tariffs would increase the costs of groceries and other goods. https://www.ft.com/content/d44a3f1d-0fc0-4b70-a158-5a674e9ef6de Causing prices to be lower would constitute deflation, which is widely considered to be an unhealthy economic state, and historically corresponds with economic depressions. https://en.m.wikipedia.org/wiki/Deflation
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