What if every United States citizen donated a dollar to the national debt would it cure it?
AreilAniCHUCK asked:
If everyone donated a dollar ot the national debt that we have to every country out there, wouldit help us become less ddependenton the other countries for our ccrisis’s Also so that since a lot of countries have paid our debts wouldn’t that make them own us if we can’t pay up? What is your opinion?
If everyone donated a dollar ot the national debt that we have to every country out there, wouldit help us become less ddependenton the other countries for our ccrisis’s Also so that since a lot of countries have paid our debts wouldn’t that make them own us if we can’t pay up? What is your opinion?
Tags: Citizen, Lot, National Debt
November 20th, 2009 at 7:57 am
That would be about four hundred million. The US national debt is over 10 Trillion. That’s over 25000 times more.
November 22nd, 2009 at 10:59 am
I’ve thought about that, and it would probably help. They should do it.
November 24th, 2009 at 6:22 pm
no
only $300,000,000
everyone would need to give about $3000 each
November 27th, 2009 at 1:03 am
Nope, wouldn’t even come remotely close. We’re in such debt it not even funny. Haha.
November 29th, 2009 at 11:43 pm
Not even close
December 1st, 2009 at 2:57 pm
Nope, pathetic as it is we’ve actually got too much debt for that to work. Like above billions.
December 1st, 2009 at 3:42 pm
nope not even close
December 3rd, 2009 at 5:07 pm
even if everyone donated a dollar it probablly wouldnt cure ae debt..
because in the unitedstates there is only a couple million people and we are in debt big time lol, unloess japan helps were in trouble lol
December 5th, 2009 at 9:45 am
If we stopped spending more than we have and give a dollar a year for 17 million 597 thousand and 43 years than it would be balanced.
December 5th, 2009 at 5:46 pm
Not even close!
The population of the USA is roughly 300 million people. The national debt is about $11.3 Trillion.
Doing the math, assuming by “citizens” you meant people living in the USA, each would have to donate about $40,000.
Another way to look at it, if each person donated $1 every second for 1 year, it would come close to paying off the national debt
December 7th, 2009 at 9:09 am
how about every person donates a dollar to me….
December 8th, 2009 at 5:08 am
No the debt is near $12 Trillion. That comes to about $35,000 for each American. Owing other countries is a problem. If they called for payment, the US would be bankrupt.
December 8th, 2009 at 7:59 am
no. not even close. there are only about 400 million americans and Obama has already spent many TRILLIONS.
December 9th, 2009 at 2:14 am
No–simply because our politicians are ignorant.First thing they would do is give themselves a big fat raise
December 10th, 2009 at 12:52 pm
The current debt (updated today) is $11,369,271,642,276 dollars and 73 cents.
The current US population (updated today) is 306,759,740.
My opinion? No, it wouldn’t cure it. lol
December 11th, 2009 at 4:26 pm
Not even close. The national debt is in the tens of trillions. Our population is in the hundreds of millions. A dollar per person would barely be a drop in the bucket. Hell, everyone in the WORLD could donate a dollar and we’d still be in debt.
Now, if everyone in the US donated an entire year’s salary, we might be getting closer (assuming the average salary is around $30,000 and that children could afford to pay that as well)…
December 12th, 2009 at 6:38 pm
thats why theres a tax system citizens have no need to donate money to the government we pay enough taxes
December 14th, 2009 at 3:05 am
I say: Yes, it would. Too many people said “No”
December 15th, 2009 at 7:40 pm
That wouldn’t help at all. If it were that simple, then our taxes could easily save our debt.
December 17th, 2009 at 2:10 pm
Aside from the fact that it wouldn’t make a dent in the pimple on the ass of gnat sitting on top of the mountain of national debt, no, that would be stupid idea. The US government can borrow money a lot more cheaply that I can, so why would I borrow money at an interest rate equivalent to my current highest-interest rate debt just to give it to the government?
December 20th, 2009 at 5:32 am
$300,000,000 is only a fraction of a 10 trillion debt.