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Study: Each Child Born Today Will Inherit $1.5 Million Worth Of National Debt…

Yowza.

Via WFB:

Children born today will inherent a per capita share of the national debt exceeding $1.5 million, a new study reveals.

Republican analysts on the Senate Budget Committee used figures from the Congressional Budget Office to calculate the relative share of the national debt–currently $16 trillion and counting–among different age groups.

Keep reading…

Posted by ZIP on Wednesday, February 22, 2012, at 10:21 pm | Like Tweet

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24 comments
  1. gastorgrab says:
    February 22, 2012 at 10:29 pm

    “……Will Inherit $1.5 Million Worth Of National Debt…..”

    ———

    ……in exchange for a service that only a public union worker may enjoy.

  2. crudcutter says:
    February 22, 2012 at 10:40 pm

    These kids will be live in a country that will make Bangladesh look like a paradise

  3. crudcutter says:
    February 22, 2012 at 10:42 pm

    By the way we can thank every democrap we meet for this utter failure of government. They will spend until they die and republicrats are no different.

    Come the revolution.

  4. gastorgrab says:
    February 22, 2012 at 10:43 pm

    Its socialism through debt slavery.

    They are intentionally trying to overwhelm the system.

  5. ironmaiden says:
    February 22, 2012 at 10:48 pm

    You guys make all this ‘debt stuff’ sound like it’s bad, or something. Why, Bernanke will just fire up the printing presses and pay it off! It’s THAT easy!

  6. Patriot Lady says:
    February 22, 2012 at 10:49 pm

    No, our grandchildren won’t have to repay it. They will be slaves at that point. Even the Blacks.

  7. Papoose says:
    February 22, 2012 at 10:57 pm

    sheeple. new age people. exist for the state. and be glad. or else.

  8. barbedwhiner says:
    February 22, 2012 at 11:15 pm

    This is debt slavery, indentured servitude through FALSE debt that is.
    They owe nothing, it’s all paper crap.

  9. David Kramer says:
    February 22, 2012 at 11:16 pm

    Slavery and/or is completely legal according to our constitution.

    Let me explain. The legal definition of involuntary servitude only applies to a person making another person person being their slave. The US Constitution was manipulated in the 1850-1880s to enslave us all. The original 13th amendment was an attempt to stop the enslavement, but the lawyers and the government enslaved us all.

    Look into involuntary servitude, it is on the books. If you replace the infringer which the government describes as a person, and replace that with government, you will see that we are slaves to the government.

    We are a hairs breadth away from where we were when the US was founded people. Our children and our progeny are born into enslavement to debt. I will no longer pay, will you be a slave? Will you fight for your freedom, or how about your children?

  10. Sarthurk says:
    February 22, 2012 at 11:23 pm

    where’s that Kool aid at?

  11. David Kramer says:
    February 22, 2012 at 11:24 pm

    The legal definition to involuntary servitude, READ IT!!!!

    A condition of compulsory service or labor performed by one person, against his will, for the benefit of another person due to force, threats, intimidation or other similar means of coercion and compulsion directed against him.

    In considering whether service or labor was performed by someone against his will or involuntarily, it makes no difference that the person may have initially agreed, voluntarily, to render the service or perform the work. If a person willingly begins work but later desires to withdraw and is then forced to remain and perform work against his will, his service becomes involuntary. Also, whether a person is paid a salary or a wage is not determinative of the question as to whether that person has been held in involuntary servitude. In other words, if a person is forced to labor against his will, his service is involuntary even though he is paid for his work.

    However, it is necessary to prove that the person knowingly and willfully took action, by way of force, threats, intimidation or other form of coercion, causing the victim to reasonably believe that he had no way to avoid continued service, that he was confronted by the existence of a superior and overpowering authority, constantly threatening to the extent that his will was completely subjugated.

    Title 18, U.S.C., Sec. 1584, makes it a Federal crime or offense for anyone to willfully hold another person in involuntary servitude.

    A person can be found guilty of that offense only if all of the following facts are proved beyond a reasonable doubt:

    First: That the person held the victim in a condition of ‘involuntary servitude’;

    Second: That such holding was for a ‘term,’; and

    Third: That the person acted knowingly and willfully.

    It must be shown that a person held to involuntary servitude was so held for a ‘term.’ It is not necessary, however, that any specific period of time be proved so long as the ‘term’ of the involuntary service was not wholly insubstantial or insignificant.

    Title 18, U.S.C., Sec. 1581(a) is the peonage law cited in the indictment.

    The specific facts which must be proved beyond a reasonable doubt in order to establish the offense of peonage include each and all of the three specific factual elements constituting involuntary servitude as previously stated and explained in these instructions, plus a fourth specific fact; namely, that the involuntary servitude was compelled by the person in order to satisfy a real or imagined debt regardless of amount.

    Source- http://www.lectlaw.com/def/i071.htm

  12. andycanuck says:
    February 22, 2012 at 11:30 pm

    See? That’s why you need contraception and abortion.
    /sarc

  13. Dan says:
    February 22, 2012 at 11:35 pm

    I believe you are incorrect in you assesment. Half of the children born today will inherit 3 million dollars of debt. The other half will inherit the benefit of that debt

  14. cabrerski says:
    February 22, 2012 at 11:48 pm

    “…but…but…but….we do it all for the children.”

    I think tomorrow’s children are safer with a child molester than what our current government has in store for them.

  15. Spurwing Plover says:
    February 23, 2012 at 12:14 am

    And all under a liberal demacrat to and all those taxes as well

  16. GeorgeMasonIV says:
    February 23, 2012 at 12:16 am

    Would you take responsibility for the stupud decisions of your parents, e.g. loans, gambling debt, etc.

    Why do we think our kids will sit back and take it?
    Live a life of poverty because a bunch of idiots volunteered their time and money to finance “social justice”.

    I damn sure wouldn’t. This is a potential untapped reservoir of anger to blow up our quasi-socialist system and restore fiscal sanity.

  17. T-bone McGee says:
    February 23, 2012 at 7:05 am

    The idea of our children inheriting debt is a myth. The U.S. debt will never be repaid, unless the dollar is devalued to unfathomable levels.

    The U.S. will default on its debt.

  18. Rufus says:
    February 23, 2012 at 7:07 am

    By the time Obama’s done destroying the country, all the debt will be forgiven by the new UN World Bank.
    We will all be citizen’s of Obama’s New World Order.

    Debt will be meaningless.

  19. Dannyboy71 says:
    February 23, 2012 at 7:19 am

    It’s only debt if you buy the system. The rich central bank pays no tax. They print money worth nothing and lend it to every country, or just about every country. Charge interest on the payments. How convenient. We suckers just play along. Presidents were shot/assasinated because they didn’t want the reserve or they wanted to start printing Americas own currency: Lincoln, Kennedy, Reagan, Garfield to name a few. My youngsters are responsible for Obamas spending, yeah right! That’s a laugh… I’ll have to teach them how to evade the tax-man…..

  20. Always On Watch says:
    February 23, 2012 at 8:07 am

    The future is doomed. Period.

  21. Mike_W says:
    February 23, 2012 at 8:22 am

    This is intentional.
    They want to destroy the U.S.A.

  22. Hoofhearted says:
    February 23, 2012 at 8:38 am

    The ‘Rats will fight tooth and nail for the privelege of murdering as many future taxpayers in the womb as humanly possible. Tell me it’s not intentional. The US will make Zimbabwe look like a vacation paradise if Obama manages to steal his reelection. And if we sit back and let the corruptoRats get away with it then we deserve what we get.

  23. Lars says:
    February 23, 2012 at 8:58 am

    On top of that you’ve got gangs of Yangs stealing from American fridges.

  24. colonialminds says:
    February 23, 2012 at 2:16 pm

    Thanks to Bush’s bushit and his nonchalant type of governing of the economy we are now suffering because of this dumb ***.

    Stupid delusional people on this weasel zipper site believe if the lie (blame President Obama for the economy) is told enough, maybe, Americans will forget that Bush is really the blame.

    Americans are smarter than these weasel zipper clowns on this site.

    You weasels cannot rewrite history. Go home and suck your thumbs. Watch out for your drunk toothless gun toting daddies.

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