Birdwatch Note Rating
2025-01-13 11:36:33 UTC - SOMEWHAT_HELPFUL
Rated by Participant: AA21964BD679BF14C671E7849719B0E3E3640EF3738D1761B17A78BD43419D41
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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