Consider: My niece was born in April (woohoo!) She was born on American soil. This means she’s American, and, adjusting for inflation, she can expect to be personally on the hook for more than $65,000 in federal debt the day she starts her first high school McJob at 14.
…
My niece was born into Original Debt. If Original Sin is what dooms us to death, Original Debt is what dooms us to taxes–why shouldn’t the two universal constants both begin at birth, after all? It worked for feudalism, after all.

You really have to read the rest of this to get the full depth of the argument. The impact, though… if we imagine an entity other than a government which simply said “ok, your kid owes us this much just for existing… we’ll take payments every year for the rest of her life…”

Brrr….. feudalism indeed. Anyway, read the rest here:

http://bhuga.net/2008/09/original-debt