Birdwatch Note Rating
2024-09-20 16:14:44 UTC - HELPFUL
Rated by Participant: B4F959CEA48C2A8C5FCDC50E4D73C80531B18616E81657D3DDD9ACDE8669A301
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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