Birdwatch Note Rating
2024-09-20 23:33:48 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 1B4DA2510F005C01E66B5B88D38E77A2D6F3ED04E821558904D17A9AC52368AA
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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