Birdwatch Note Rating
2024-09-22 05:12:40 UTC - HELPFUL
Rated by Participant: F99C258611925DD94530D694435C05E5C4E0440B6552B8BACE9A298084A3B72E
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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