generic image
Processing...
  • Games
  • Catalog
  • Develop
  • Robux
  • Search in Players
  • Search in Games
  • Search in Catalog
  • Search in Groups
  • Search in Library
  • Log In
  • Sign Up
  • Games
  • Catalog
  • Develop
  • Robux
   
ROBLOX Forum » Club Houses » Off Topic
Home Search
 

Re: Massive Debt - What's going on?

Previous Thread :: Next Thread 
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 03:35 PM
As of May 5th, 2016 US debt was measured to have reached 19,188,102,413,248 according to Google. It just so happens to be we're not the only ones.
The UK, taking second place in the debt ranking is at a 9,591,672,000,000 debt.

So, why is everyone borrowing so much money from each other?

I'd appreciate your thoughts below,

-Rob

Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 03:38 PM
Trying to do some research into finding a solution to this issue, any response appreciated!
Report Abuse
LamakKM is not online. LamakKM
Joined: 30 Aug 2010
Total Posts: 1532
07 Jul 2016 03:41 PM
we are just stupid and spend more than we can earn last year the US's military budget was 600 billion..


;-; || :O || xD
Report Abuse
CrysisAfair is not online. CrysisAfair
Joined: 02 Jun 2014
Total Posts: 4582
07 Jul 2016 03:43 PM
Must be all those space travels, and nuclear bombs..
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 04:33 PM
We've actually been borrowing lots of money from people, but I don't know that'd it be that.
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 04:38 PM
The only way to reduce the debt is stop running the government on a deficit. That means cut programs to reduce spending or increase taxation to pay off the debt and accruing interest.
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 05:15 PM
welp, time for obamacare to go then?
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 05:17 PM
Or Obama can abolish private ownership of health insurers and use their revenues to fund his health care program.
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 05:19 PM
do ya think that since most debt is in usd, they could adjust the value of the debt?
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 05:21 PM
also idk that we even need obamacare...do we?
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 05:24 PM
I don't know much about health insurance. I am covered by my parents health insurance provider. I think the objective of Obamacare was to insure that poor people would have some form of health insurance because of how expensive medical bills become when you are not insured.
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 05:26 PM
not to say obamacare isn't a good cause, poor people need it. though if debt were to keep going at this rate, whether obamacare exists or not things would be pretty difficult.
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 05:31 PM
The reason Obamacare might fail is that Obama allowed people to keep their insurance providers. So private insurers could afford to offer lower "premiums" to their customers if they have no prior history of disease. They only let low-risk people buy their insurance so that it is unlikely their customers will need to use their insurance often. These people's money is being diverted and poor people or unhealthy people who can't find coverage need to rely on Obamacare. So Obamacare can't fund its program because not enough healthy people are signed up. Basically it is the least profitable health insurance provider ever.
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 06:33 PM
so basically people think it helps people but it doesnt? great
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 06:45 PM
It helps people but it is economically unfeasible. Instead of operating like a private company in which there needs to be reasonable profit margins to sustain the company, Obamacare runs on a large deficit because only economically disadvantaged people or people with preexisting conditions enroll in it. This could be fixed by abolishing privatized healthcare but I don't know how that would impact health care in the united states in ters of service.
Report Abuse
Bill_Shakespeare is not online. Bill_Shakespeare
Joined: 18 Jun 2016
Total Posts: 114
07 Jul 2016 06:46 PM
i would worry more about our overspending on military rather than obamacare.

Report Abuse
quinn04 is not online. quinn04
Joined: 07 Jul 2011
Total Posts: 6988
07 Jul 2016 06:46 PM
To pay off the US Debt, EVERY SINGLE CITIZEN IN THE US HAS TO PAY 40,000 DOLLARS TO CLEAR THE DEBT. lol america is screwed
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 06:51 PM
well hopefully things clear out, idk what i'd do without america. probably the most free country on earth, and im not about to let us go down because of some debt.
Report Abuse
quinn04 is not online. quinn04
Joined: 07 Jul 2011
Total Posts: 6988
07 Jul 2016 06:52 PM
i would go say go to canada, but since we have trudeau, stay away from canada like the plague.
Report Abuse
BenLam2007 is not online. BenLam2007
Joined: 27 Dec 2015
Total Posts: 5833
07 Jul 2016 06:53 PM
What if Donald used it to build the Wall?
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 07:00 PM
using debt to build a wall...what?
Report Abuse
BenLam2007 is not online. BenLam2007
Joined: 27 Dec 2015
Total Posts: 5833
07 Jul 2016 07:02 PM
Donald is using that money for his plan, a Wall between Mexico and US
Report Abuse
Robobloxguy10 is not online. Robobloxguy10
Joined: 06 Sep 2012
Total Posts: 526
07 Jul 2016 07:21 PM
wow..
Report Abuse
SwaggyShaggy is not online. SwaggyShaggy
Joined: 06 Oct 2012
Total Posts: 698
07 Jul 2016 07:23 PM
Mexico has a border wall with Guatemala and no one calls it racist.
Report Abuse
BlankS2 is not online. BlankS2
Joined: 09 Oct 2015
Total Posts: 173
07 Jul 2016 07:25 PM
I like how there's an actual political conversation in OT, let alone on Roblox.
Report Abuse
Previous Thread :: Next Thread 
Page 1 of 1
 
 
ROBLOX Forum » Club Houses » Off Topic
   
 
   
  • About Us
  • Jobs
  • Blog
  • Parents
  • Help
  • Terms
  • Privacy

©2017 Roblox Corporation. Roblox, the Roblox logo, Robux, Bloxy, and Powering Imagination are among our registered and unregistered trademarks in the U.S. and other countries.



Progress
Starting Roblox...
Connecting to Players...
R R

Roblox is now loading. Get ready to play!

R R

You're moments away from getting into the game!

Click here for help

Check Remember my choice and click Launch Application in the dialog box above to join games faster in the future!

Gameplay sponsored by:
Loading 0% - Starting game...
Get more with Builders Club! Join Builders Club
Choose Your Avatar
I have an account
generic image