Birdwatch Note Rating
2023-05-07 12:48:06 UTC - HELPFUL
Rated by Participant: AA962161EC38C3C0A7318CA643B66BAF563963E4373D73D3D629EB9C25A104C5
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