Birdwatch Note Rating
2024-09-20 18:43:34 UTC - HELPFUL
Rated by Participant: 2778B0596F5A076BBD656A244B0CA15B221F5EBCBE6AC9593005C52B0B82A481
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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