Birdwatch Note Rating
2024-09-20 19:28:36 UTC - HELPFUL
Rated by Participant: B04D7C7EFAC9CD23D08189280842A79C0431BFA32F1BF25EB5D88B3A4BF02B33
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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