Birdwatch Note Rating
2023-05-08 01:17:38 UTC - NOT_HELPFUL
Rated by Participant: D398460E20651C15B6E61CB74E574D504B61B50D038B921541A1C06F93BC6051
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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