Birdwatch Note Rating
2024-09-21 03:42:52 UTC - HELPFUL
Rated by Participant: 3E8001488157C73571D632B994CB174CE7F59BE6FC57B6E4A131A8D10F893871
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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