Birdwatch Note Rating
2024-09-20 17:32:31 UTC - HELPFUL
Rated by Participant: 5BD71425A69D2BFB3A4DB642BC3E2BD91385F7672E7C777C2EA662F51DF740F0
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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