-By Vince Johnson
As of August 3, 2009 each senior in High School owes me over $210,977!
If you doubt this, show these numbers to your teacher, or your Senator, or your Representative in the House. Ask them to tell you where it is inaccurate or misleading:
GAO estimate of unfunded liabilities to cover Social Security, Medicare, etc. $53,000,000,000,000. (Trillions) Add the National Debt currently at $11,700,000,000,000 (Trillions)
These add to $64,700,000,000,000 trillion.
Divide by 306,668,748 (estimated population of the US)
And you get $210,977 the amount of money Congress has borrowed directly out of your future. If there are 50 students in your class the total owed by all would be $ 10,548,850! (Millions!) It does not matter that this was done without your knowledge or permission.
What matters is that you will pay for this even if it is immoral to borrow money from kids without their approval.
What also matters is the fact that if you refuse to pay your share, you can be fined or sent to prison or both. Congress has passed laws that make this possible, so be advised: DO NOT COMPLAIN. Be prepared to do your duty and make your tax payments promptly and try to understand that this generation made a huge mistake. We elected politicians on what they promised rather than what they delivered.
All high school seniors should be forewarned that their future is going to be radically different than it was the first 17 years of their lives. Your taxes will be an excessive burden as long as you live!
If you agree, please print and post or pass along to a high school senior.
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Vince Johnson welcomes comments. Please send them to,Vince Johnson(vjadtrak@wvi.com)
See Vince in the new book Americans on Politics. Policy, and Pop-Culture.
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Oh, if only there was a way for us to ease the burden that our children will owe in taxes, maybe some way of putting money into the system now so that the interest payments won’t bury them… say, I have an idea.
Suspend all government spending for a year. No soldiers, no police, no fire department; only money to stop immoral behavior like drugs and smut. That is the only logical solution!
I’m for your idea as long as we can fire Congress, too!