Birdwatch Note Rating
2023-05-08 03:37:04 UTC - NOT_HELPFUL
Rated by Participant: 8C597995A85E821193F08335447379002248FAEB8972833A66515557724E856F
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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