Birdwatch Note Rating
2024-09-20 18:10:38 UTC - HELPFUL
Rated by Participant: 31C033E061C69915C5641937A5CA9136EC0F3DC619AC38A42FD5669A82F8BC82
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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