Birdwatch Note Rating
2024-09-20 17:14:58 UTC - HELPFUL
Rated by Participant: EC6CF2CE040181894D6EF9AC22BF1D40566440F0F56651D76AD7F70B9A89C3DF
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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