Birdwatch Note Rating
2024-09-21 10:14:30 UTC - HELPFUL
Rated by Participant: 7FD71FD4A0A72F3811263BA6B795720694BA53A1B9BC6C0B457DC53BEF9CF5B8
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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