Birdwatch Note Rating
2024-09-20 17:21:28 UTC - HELPFUL
Rated by Participant: 13C52A563E1D0216B0BA6C2C5D614A90AF4BB09ACC94CE5D29FD5519BF7A7ADC
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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