Birdwatch Note Rating
2024-09-20 18:05:40 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 624A36C0A417D594A6B5A75EFDFDF1B7C650BC8B3230915B3F23141FEFBD8FE5
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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