Birdwatch Note Rating
2024-09-20 16:16:26 UTC - HELPFUL
Rated by Participant: BF9CD1168DA29AEF2FBB2D6679B504155E8C029ADFC625189DCABEF85220C9F7
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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