Birdwatch Note Rating
2024-09-22 16:16:13 UTC - HELPFUL
Rated by Participant: 2F9772E665C5866229EEA3781B2E871DBDAE694C3CC92E21A187D4749CF30A96
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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