Birdwatch Note Rating
2023-05-08 02:34:00 UTC - NOT_HELPFUL
Rated by Participant: 67FADFFF15214610FD8476045855FD88DD06E144443142639E9A9316BD609853
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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