Birdwatch Note Rating
2023-05-08 02:58:50 UTC - NOT_HELPFUL
Rated by Participant: A8B16C1641801B68522FC78B5FB83FF8814B4B7D5C0E5F29763DD4A6B7A35F20
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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