Birdwatch Note Rating
2024-09-20 16:18:03 UTC - HELPFUL
Rated by Participant: D7C1681C217ED24E71BEC81AE5E4375208A078FE0C75EB1C4F128BAC237FD5B3
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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