Birdwatch Note Rating
2024-09-20 22:30:57 UTC - HELPFUL
Rated by Participant: B6CD649BA481E6D7C06666B5DF9D810D207DFF39B066B6C47E5C365179227D3A
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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