Birdwatch Note Rating
2024-09-20 16:51:43 UTC - HELPFUL
Rated by Participant: 44EBDA914A24DE283B61A04154B6AF36916FAE1163DA616C294AEECA60739B5D
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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