Birdwatch Note Rating
2024-09-20 22:10:18 UTC - HELPFUL
Rated by Participant: 7403469B9FF41C74A9E525C6351FC81B7DBD96E4256FDEA6123255D032947909
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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