Birdwatch Note Rating
2024-09-21 02:50:57 UTC - HELPFUL
Rated by Participant: 7F857FEBAB9C548345CA21F2080313674F4DB0A4283FD8BF73E859E0DFF9F3EC
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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