Birdwatch Note Rating
2023-05-07 09:06:55 UTC - NOT_HELPFUL
Rated by Participant: A128F94E91F757D057695EEF66DEDA9B342D0C6175E9FC616713392F4413C9A6
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