Birdwatch Note Rating
2024-09-20 17:41:34 UTC - HELPFUL
Rated by Participant: 56366EC32C891D09F264FFAD20790205F8AFA3ED836CFBEB2F901F49D9669C17
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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