Birdwatch Note Rating
2023-05-08 15:49:44 UTC - HELPFUL
Rated by Participant: 35E926CE3E875536384CAE8BD4099C0C9FDE0526221E0A4535B2BE02B41887E3
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