Birdwatch Note Rating
2023-05-07 15:53:36 UTC - NOT_HELPFUL
Rated by Participant: 5293E2DDAC1EA6B9001F724C0424A10C4029E1DB1C0007194A64E8C536153CE3
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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