Birdwatch Note Rating
2024-09-22 12:35:13 UTC - HELPFUL
Rated by Participant: A3F2D14FDDDCC6A4A68D09B1973EA6501F2AE3C0F99B20A808FAA4A5FEAD6FB7
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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