Birdwatch Note Rating
2024-09-20 20:28:39 UTC - HELPFUL
Rated by Participant: C8B1A60EF503C36B523D6CDAE934A62481987D9256E5C2F2A8B0A6E15DD80627
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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