Birdwatch Note Rating
2024-09-22 23:27:47 UTC - HELPFUL
Rated by Participant: DF5038DD63E7954BEB363B2D6492EC841C7644C7AAE1F7C8C8B145BF80E437F3
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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