Birdwatch Note Rating
2024-09-22 18:11:25 UTC - HELPFUL
Rated by Participant: 10B363618D6662E9DD8131842418452C94966F48699565D4907AA51F9E842229
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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