Birdwatch Note Rating
2023-05-08 02:03:13 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 439ED217587749C5CFDB0D214B9A4B57D9D4AA364AC8170D723DE46CCF92B2D4
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