Birdwatch Note Rating
2023-05-08 02:22:20 UTC - HELPFUL
Rated by Participant: 616C64F11C50143836A9DE926E7C71911080FA1FC77AA47D389E0F160086FD6F
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