Birdwatch Note Rating
2024-09-20 16:24:51 UTC - HELPFUL
Rated by Participant: D95D5050101769B77DCB3DBEC7BA079CD6E2C3CE75D801D1E5B09B7CE5B22582
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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