Birdwatch Note Rating
2024-09-20 18:11:10 UTC - HELPFUL
Rated by Participant: 88DC27AC70326292F2038FD42195C80F778C742F9CF82B1E957D5BDF0A2F7763
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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