Birdwatch Note Rating
2024-09-23 05:54:51 UTC - HELPFUL
Rated by Participant: F8104CB85F83D822A217139C99FA972701D9A8D5ED7A18896DE5A78C0633E4A9
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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