Birdwatch Note Rating
2024-09-20 17:17:34 UTC - HELPFUL
Rated by Participant: 946EB8449EA97864316F1F388EA4D7662D828D7F439403B0BEF82BF2E20A4510
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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