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inflationary impactAxios
•
78% Informative
The Biden administration and Congressional Democrats made a $1.9 trillion bet in the form of the American Rescue Plan.
The surge in inflation that started in 2021 and peaked in 2022 was linked to snarling of global supply chains due to COVID shutdowns and labor shortages as many would-be workers stayed close to home.
The San Francisco Fed found fiscal policy could account for about 3 percentage points of 2021 inflation.
VR Score
83
Informative language
82
Neutral language
54
Article tone
formal
Language
English
Language complexity
58
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Affiliate links
no affiliate links