Birdwatch Note Rating
2023-05-07 03:11:32 UTC - NOT_HELPFUL
Rated by Participant: 00BE175D107F3923514B547188703E115EAC9022133CB677E964AD9834067156
Participant Details
Original Note:
Those who spend less than they make pay their bills. Those that spend more than they make accumulate debt which, if left unchecked, can lead to defaulting on loans and legal action from creditors. Good financial principles suggest a country should align with the 1st group https://www.cato.org/blog/debt-limit-high-costs-debt#:~:text=High%20and%20rising%20debt%20slows,bonds%20and%20the%20U.S.%20dollar. https://www.cbo.gov/publication/59119
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