Birdwatch Note Rating
2023-05-07 06:59:49 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5E9FD8BFAAA61AC2EA7E8FD7B91FB0478F8DEC76D7A305D16462ED8353B24444
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