Birdwatch Note Rating
2024-09-20 17:01:26 UTC - HELPFUL
Rated by Participant: F64583BFD3FC888EE5A826AD5A8A8B5288CE54CDFB0A76748273B9EF2E392175
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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