Birdwatch Note Rating
2024-09-20 17:07:45 UTC - HELPFUL
Rated by Participant: D8DF78AEC25CB36DFDE038696412A8EE1AB9B490F0F55CE1C2482C7C390F3157
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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