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Forum Post: every US child born in 2010 starts life with $29k public debt

Posted 12 years ago on Nov. 12, 2011, 5:33 p.m. EST by velveeta (230)
This content is user submitted and not an official statement

By the end of 2010, CBO predicts that the total U.S. debt held by the public (as opposed to the gross national debt which includes inter-governmental holdings) will be $9.05 trillion. That means that children born in 2010 will start life with a personal share of the public debt equaling $29,178.

it's called slavery



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[-] 0 points by HarryPairatestes2 (380) from Barrow, AK 12 years ago

That's why my kids are on welfare. If they are in debt, might as well get something out of it.