Birdwatch Note Rating
2024-09-20 19:24:18 UTC - HELPFUL
Rated by Participant: 31AC112ADAFB6F26F133DD22CE6E33262EFA6D37679442A7E3BE5907A803BA4E
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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