Subject: Re: Paying off National Debt
WiltonKnight: For argument's sake - take out extremes like someone dirt poor or handicapped.
People living in poverty, the handicapped, and children make up about 47% of Americans. Removing them from your equation would raise your magic number from about $95,000 to about $206,000. For argument's sake, say $1,000 a month. I'll make a WAG and say that most Americans could not come up with an extra $1,000 a month every month for twenty straight years.
First question: what happens with the remaining debt of people who die before paying off their portion of the debt? Is their debt shifted to their families?