Birdwatch Note Rating
2024-09-22 03:55:24 UTC - HELPFUL
Rated by Participant: 6A58647E69EB6A7EE3EEB6AE86FA27E187EE2595C759F1482482D6F4C850F3C6
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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