Birdwatch Note Rating
2024-09-20 16:15:13 UTC - HELPFUL
Rated by Participant: 31F1576A440CFB99FD5734B96B31046EF41832F9CDA04AAC8AF1AE8B80A6E85B
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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