Birdwatch Note Rating
2024-09-22 13:38:42 UTC - HELPFUL
Rated by Participant: 054D5F27B260F9E75F0096E20BB4AB1C8856E237D7F78D48204F2018A1800350
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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