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emergency spending packageNewsweek
•77% Informative
Former President Donald Trump and Sen. JD Vance (R-OH) blame Biden-Harris administration for rising cost of living.
Julian Zelizer : The Trump-Vance campaign accuses the current administration of over-spending.
He says the Obama-Biden administration's pandemic-related spending package did not increase costs of the U.S. He says inflation burst happened before, not after the money in these packages began to be spent.
Zelizer says the breakdown of supply chains during and in the aftermath of the pandemic caused prices to rise.
Francisco L. Rivera-Batiz : Upsurge in cost of living was generated by the Russian invasion of Ukraine , global supply chain disruptions, and unprecedented credit expansion by the Fed .
As these forces have waned or reversed, the increase in living has abated.
Gasoline is at $ 3.20 per gallon (down from $ 5.00 in 2022 ) Some food prices have dropped in the last year .
VR Score
82
Informative language
80
Neutral language
57
Article tone
formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
20
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