Birdwatch Note Rating
2024-09-22 14:16:44 UTC - HELPFUL
Rated by Participant: E6A5D6BBBCD4F73F1EC635F51F4CEF0DE1FB7541CA22248B1E9EFC537012BD9A
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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