Birdwatch Note Rating
2023-05-07 13:18:25 UTC - NOT_HELPFUL
Rated by Participant: B5FEE1C7F02671E2466AE0184315222BE9F827034DA0D608839BE86F8B7D554A
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