you have no idea what you are talking about. You come on here and blatantly spew information you hear or see on the interwebs. Yes we are in debt to China, but we also have massive debt owed to both the Federal Reserve and Social Security.
China does not own the USA as you so eloquently put it
While that is flat out wrong - they only own 25% of our total debt and these guys take it to the extreme, there is a big problem with how the money is being spent in the gov’t.
Outrageous contracts, asinine military spending and stupid expenses you can see as stories every day on the news.
The Pentagon Spends More Money Fixing Rusty Old Shit than Canada Spends on Its Entire Military
22 BILLION
Air Conditioning the Military Costs More Than NASA’s Entire Budget
The DOD spends $20 billion a year just to air condition tents and temporary buildings in Iraq and Afghanistan. That’s more than NASA’s entire $19B annual budget.
I know a number of people in the military who said that said it’s ridiculous how the money gets spend and wasted.
Our infrastructure is shot, we are hitting the debt ceiling, economy is in recession/depression but ships made to battle Soviet Russia are being kept alive and we are AC’ing a desert while bailing out failed business’s with billions possibly trillions of dollars.