Born into Debt Slavery

Born into Debt Slavery

Every child who is born in America is now born owing $43,186.  This is, according the The U.S. Debt Clock, every child’s share of our more than $13 trillion dollar national debt.  This is the debt the child owes when it draws it’s first breath.

If the child manages to become one of the shrinking group of Americans who files taxes, his or her share of the national debt will be $120,674.  This is the debt the child owes when it earns it’s first dollar.

If the child becomes successful, it will share that $13T debt with an even smaller group of Americans — those who pay more in taxes than they receive in government handouts.  And the harder the child works, the larger share of his or her income the government will demand.

This isn’t the kind of life any sane parent would wish for their child.  This is debt slavery.  This isn’t freedom, this is just slavery without the visible chains.

And now you know why babies cry…

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2 comments
Anon
Anon

Maybe a good way of balancing the budget would be to figure out how much each one of us would actually owe, and make us start paying it now. Those who can't pay would be able to defaukt and go bankrupt on an individual basis, while those who have made the most money from the situation and can pay do. Then those who go bankrupt becasue they cant find a job wouldbe shipped to another country to work off the debt they can't pay here. :)

Daniel Memenode
Daniel Memenode

They really owe nothing. No matter how many people hold a particular illusion about someone that illusion doesn't bind that someone to it. In addition to the fact that all of money as we know it is actually made from debt and is therefore backed only by an illusion these babies had nothing to do with incurring and spending that debt. Anyone who tries to impose it on them is nothing but a thief and a fraud.

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