Birdwatch Note Rating
2024-09-20 16:29:01 UTC - HELPFUL
Rated by Participant: 438E153FB540A6DD8CD40FEC1E9FC3F3181420E3979CE8226E25860F9D34EAF2
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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