Birdwatch Note Rating
2024-09-20 16:30:53 UTC - HELPFUL
Rated by Participant: 8E553A989CA06A5F04C1EECD2006F34780F5382B0165F5062475630B8FC7A824
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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