Birdwatch Note Rating
2024-09-20 16:22:18 UTC - HELPFUL
Rated by Participant: 251FD2D2AC795C3A521EA20CB3DEF835FE4E9136FF20B27682D7EF8BF5E66A4D
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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