Birdwatch Note Rating
2023-05-08 03:50:40 UTC - HELPFUL
Rated by Participant: 54D5AF5671B70BB66C23871174FA61B9992D4292F7EAE266C748B14D6A001B5F
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