Bad news: if she's a US citizen then at age 6 she already owes about $215,000. A...

mistere on April 13, 2013 | parent | context | favorite | on: What does one trillion dollars look like?

Bad news: if she's a US citizen then at age 6 she already owes about $215,000. As a US citizen she will pay taxes. She'll start out by paying for part of your debt (and your parent's debt.) Then, she'll pay for her own debt.

I've apologized to my daughter (now 24 years old) for the burden. It's unconscionable but it's the will of the majority so I have no choice.

pkulak on April 14, 2013 | [–]

The majority of American debt is held by Americans. So buck up. Maybe some other schmuck will just be paying out to your daughter.