Birdwatch Note Rating
2024-09-22 15:36:37 UTC - HELPFUL
Rated by Participant: DF1DBEB707CE79DC295EF91D6EF00C10F1190B2783947D6550F3F90FD7B9785F
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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