Birdwatch Note Rating
2024-09-20 17:45:40 UTC - HELPFUL
Rated by Participant: 03FAFFDD3AE3A5C4BE81A3262BEA8DAC340D8DAEFEAE5F631E8EAF0C7024C0A7
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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