Birdwatch Note Rating
2023-05-07 06:30:58 UTC - NOT_HELPFUL
Rated by Participant: D483B66E941FB13288D1E19EB29356DB02E17EA59B51AC0CD82C1770ADC085A7
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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