Birdwatch Note Rating
2023-05-08 02:25:48 UTC - NOT_HELPFUL
Rated by Participant: 8E0D3B36A7D575668A7B0DAD6B8EEBB4C32B0BC708F4562F57D7AA916FB36CB6
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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