Birdwatch Note Rating
2024-09-20 16:45:49 UTC - HELPFUL
Rated by Participant: 004C7E96D649E40BAD26F2E1441516219CCBF48DA8D0EEC8D4330CEB4A5CC645
Participant Details
Original Note:
Incorrect assignment of causation. The Inflation Reduction Act was passed on August 7th, 2022. Inflation peaked in June of 2022 and was already on the downward trend, not increasing again after signing of the Bill. The Inflation trajectory began around May of 2020. https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
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