Birdwatch Note Rating
2023-05-08 01:56:54 UTC - NOT_HELPFUL
Rated by Participant: 80627DFB42E9F1EA8F220E1E3C9BD87A6685A73BB87B7DE44102790C3B1E2A37
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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