Birdwatch Note Rating
2023-05-10 14:44:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E3C7C832AAD2267F6D97CC0CBCA444998747705DF14A04089A6E3D374EA6920C
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