Birdwatch Note Rating
2024-09-22 02:30:50 UTC - HELPFUL
Rated by Participant: 83432B7C4D1A15B9FE0F961497C4C1E4E56A4564E82AC098C06F3098D2A0F2AA
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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