Birdwatch Note Rating
2023-05-08 00:57:50 UTC - NOT_HELPFUL
Rated by Participant: 1BB12F924B758EFEEC28F62BD756D4CA372AC84CA902920B8FB063E9879BF0B4
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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