Birdwatch Note Rating
2024-09-22 21:41:44 UTC - HELPFUL
Rated by Participant: 39AA752A5DDAEBD5510C4654EC796CD76C4E438F9BCD04B9DD2C7567571978AE
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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