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Birdwatch Note Rating

2024-12-16 06:52:39 UTC - HELPFUL

Rated by Participant: 4797B126E208A9041F95083F21DBDC110713532B2FA88A4AA60CC49771893FC3
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Original Note:

The “Inflation Reduction Act” is a misnomer is that it spends more public funds which is definitively more inflationary. That is, it increases the money supply. CBO assessed it made new drugs to market more expensive. https://energycommerce.house.gov/posts/one-year-later-even-president-biden-admits-the-inflation-reduction-act-failed-to-lower-costs-for-americans

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