Birdwatch Note Rating
2024-09-21 06:42:33 UTC - HELPFUL
Rated by Participant: 806FBCDB66DDE1725E51C51040A052FDD74B85FD03D2E3E47E8776EF86CC8F19
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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