Birdwatch Note Rating
2023-05-10 14:44:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 148DB447843AB2378F4E1E7DE2AE84303EF686814C14AAE426158783A2275C4E
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
All Note Details