Birdwatch Note Rating
2025-01-14 05:55:52 UTC - HELPFUL
Rated by Participant: 00C27C0A59616A6EFAE8E735353C940B558C6818EC34430C2B6AB6A176ECF82E
Participant Details
Original Note:
Biden’s admin and bills he signed into law accelerated inflation, creating an inflationary spiral. Cumulative, four year inflation under Biden is higher than it’s been in 40 years. The Sahm rule, which identifies recessions in real time, was triggered in July of 2024. https://fred.stlouisfed.org/series/SAHMREALTIME https://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/
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