Birdwatch Note Rating
2025-01-13 06:00:15 UTC - HELPFUL
Rated by Participant: A2FC31919E924DDCBE43B67735A410038E6A48C4B82B847DF0874FB50623A36D
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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