Birdwatch Note Rating
2024-09-22 03:16:18 UTC - HELPFUL
Rated by Participant: 055626348B215C2B3E6D04E24F954C6955B2206964FD2477D3379E284C94C73C
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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