Birdwatch Note Rating
2024-09-20 16:20:51 UTC - HELPFUL
Rated by Participant: 05477FCA570AFBB3AFBF6458794AF6A5A0A5807037FFE366C1571853A29B72E5
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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