Birdwatch Note Rating
2024-09-20 18:31:11 UTC - HELPFUL
Rated by Participant: 403003D18146180D0CBBB2067B43638C8FD758D7202FB35288F4EED288BE8BBE
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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