Birdwatch Note Rating
2024-09-20 16:12:35 UTC - HELPFUL
Rated by Participant: 4A27520EE411DEC876F4D77139A3E2979FE3D4A46800669FDC69FBFDA5FE79AE
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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