For a long period time, the U.S. has been under China's control based on the goods they export to our country, which our country would not run without. Now that we are so far into debt with China, we have been decreasing in control of our own country and China wants to buy out are debt. President Obama should seek to prevent China from buying out our debt with them for the sake of the U.S. and its people. The immense amount of profit obtained by China from trade is making the rich more wealthy and the poor poorer. Our government needs to look beyond the fact of China's immense influence on our country and look towards saving the american labor, still at home in America.
- We need to resolve the trade issue with China
- China's strongly financially helpful trade with the U.S. has made our manufacturing sector plummet and their business and financial sectors very stable, allowing them to skyrocket
- The U.S. provides a guaranteed check to China, allowing them to prosper and us to maintain a recession
- Borrowing money from China to pay for our goods that we buy from them was never a good idea from the start
- The chinese currency scam has put us further into debt more and more
- We need to secure a stable fund to support our debt
Source: Navarro, Peter, and Greg Autry. "The United States Should Prevent China from Buying US Debt." Importing from China. Ed. Debra A. Miller. Detroit: Greenhaven Press, 2012. Current Controversies. Rpt. from "Think Different About Chinese Currency Manipulation." www.huffingtonpost.com. 2011. Opposing Viewpoints In Context. Web. 14 Mar. 2013
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