Republicans, Republicrats* and the right-wing (LYING) Media in US say they are worried about:
"Deficits soaring in US..."
"Massive Deficits in the US..",
"The Debt bomb..",
"US Government borrowing too much and ending up like Greece.."
and of course lets not forget this gem:
"Our Grandchildren are going to have to pay off this debt..."

Really!!!

Because it is their ideas, to be exact the right-wing ideas espoused by either Republicans or Republicrats that have caused the current enormous deficits in US and causing it go to higher. To see this FACT lets look at a country that has a huge Surplus rather than having a huge Deficit as US has. This observation then should be a blue print for what we need to do to get US Deficits down and in fact have a Surplus, which Republicans claims to want.

So what large country is having a Surplus rather than a Deficit? It is China.

What is China doing different than US?

First and foremost China is a Communist Capitalist country, which simply means BIG Government ensuring Job creation, ensuring price stability, etc. In simple term it means that large parts of Chinese economy are operated on Socialized basis, which means Government run. To put it even in simpler terms this means that just as we here in US run the Military, Police, Fire Dept, etc. on Socialized basis, they run much more on Socialized basis, in fact about 50% of Chinese economy is operated on Socialized basis. For example all Top banks in China are Nationalized (aka Government controlled), all Top energy companies in China are Nationalized, etc. And China has Universal Nationalized Health Care, Universal Education, etc. as a result of which Chinese people get free health care, free College education, etc..

Just think what HOAXes, what real ENEMY of American people Republicans and right-wingers are that on one hand they tell Americans:
"Government does not create Jobs...",
"Government is the problem and not the solution..."
"Government take over of health care is bad..."
etc.

and on the other hand they have invested Trillions of Dollars in China, which means have moved 10s of Millions of Jobs from US to China, and China is a Communist Capitalist country with the Government controlling and running major parts of the economy.

In case you still do not get how much the Chinese Government controls the economy, how much "Stimulus" Chinese Government gives to Chinese people & businesses every day, JUST take the fact that all Top Chinese energy companies are Government owned, as a result of which Chinese Government subsidies the price of Gas so that Chinese people pay about $1.50 per Gallon. This would be the same as if US Government nationalized Exxon, Chevron, Texaco, etc. and gave American people Gas at $1.50 per Gallon, which means effectively take the $100s of Billions of Dollars in profit that these companies make, and $100 of Billions of Dollars that they pay their Top brass in $30Mill per year salaries and multiple $50Mill private Jets, and passing these savings to American people/businesses by subsiding Gas. This is JUST one example of how the Chinese Government helps their people and economy AND our Government does not.

So just think about what a Con Job Republicans and right-wing Media have been playing on American people, that on one hand they have been telling us "We need to move Jobs to China because it is cheaper there...", OTOH they have been telling us that "Government cannot do anything..." So let health care companies charge you what they want, let Oil companies charge you what they want, etc. and OTOH the reason it is Cheaper to build things in China is because China is a Communist Capitalist country where the Government, repeat the Government, runs many things from health care to energy on not-for-profit basis, thus resulting in things costing much less in China.

And here are some of the thing that China is doing different than US as a result of which they have a HUGE Surplus vs HUGE Deficits in US, etc. good economic news from China vs economic misery news from USA:

1- China does not have a Gargantuan Military budget.

That is: China's Military budget is about $50Bill which is proportion to the size of Chinese economy to the World economy to the World Military budget. Whereas US military budget is an astonishing $600Bill+, whereas US economy is only 15% of World economy now. This means for US Military budget to be in proportion to the size of the US economy to World economy to World Military budget, then US Military budget needs to be cut down by 85% to $90Bill per year. 2- Whether US has Military bases in 128 different countries, whereas US has Military bases in 10+ European countries and spending $50Bill of American Tax payers on these European bases only, China has ZERO military bases outside China. So what Military budget China has is all spend inside China whereas most of the US Military budget is spend in the bases that US has in 128+ countries. For more on how Gargantuan US Military budget is, refer here please.

2- China is not engaged in (unnecessary) Wars 10,000 Miles from its borders

as US is engaged in 2 Wars in middle east, for an astonishing 8 years and counting, in fact never ending Wars. Just imagine if China was engaged in 2 Wars in Central America, which is equivalent to US being engaged in 2 Wars in middle east, and as the result it had spent $2Trillon+ of its People money on these Wars, where do you think the Chinese surplus would be then? Of course it would have disappeared and it would have had a huge Deficit instead.

3- China has Universal Nationalized Health Care. Just like all European countries, Canada,

Japan, Australia, Israel, etc. China has Universal Nationalized Health Care, this means that Chinese businesses and people pay a small fraction of what American people and businesses pay for health care. This means that ZERO Chinese go bankrupt each year due to health care costs whereas in US 2Mill+ Americans go bankrupt each year due to health care costs. Here:
http://en.wikipedia.org/wiki/Healthcare_reform_in_the_People's_Republic_of_China

4- Chinese Government is making enormous investments in Chinese people and cities.

This point is not as easily proven or appreciated as the other points listed above, but for example just take this example, whereas in US ZERO Miles of high-speed trains have been developed, 1000s of Miles of real high speed trains have been laid in China, connecting vast parts of China at 200 Km/Hour or faster, which by some estimates has added 20% to China's GDP growth over the last 10 years, enabling it to go from the Worlds 30th economy in 10 years to 3rd and soon to 2nd. More on this here:
http://en.wikipedia.org/wiki/High-speed_rail_in_China

5- Chinese products are not boycotted by most of the Moslem World due to US & Israeli War-mongering

That is most of the World and specially most of the Moslem World, about 1 Billion people, considers the US War in Iraq, Israeli war in Lebanon, Gaza, etc. and specially US support of these Wars to be criminal and wrong at best, and as a result they will NOT buy US made products, such as Autos, Planes, etc., IF competing products are available from Europe China, Japan, which are at least as good, which effective boycott China and Chinese businesses are not suffering from, for obvious reasons. After all think for yourself, IF you are one of the Billion Arabs/Moslems, whom by the way we send to about $800Bill of our money per year in form of Oil purchases, would you buy a US made Car, Plane, etc. given how wrong you find the US Occupation & killings in Iraq to be, or Israeli Occupation & killings in Palestine to be, or would you buy a German made car or a French made plane, or a Chinese made Ship, etc. when they are all pretty much priced the same and deliver the same if not better quality than their US counter parts?

etc. etc.


All of which points Republicans and the right-wing Media in US oppose, So China is yet another great proof as to what utter complete lunatics Republicans are.

Ask Democrats and the (right-wing) US Media why does China has a HUGE surplus and not us!

But lets also state these other facts:

1- Democrats too are pretty much failing to adopt the steps that Chinese have taken as listed above that has lead to them having huge Surpluses vs US having massive Deficits, that is US military budget has gone up under Democrats too, not as fast as Republicans, but it has gone up rather than being sharply reduced to the size of US economy to World economy and World military budget, Democrats too have failed to end the Wars in middle east, Democrats too have not proposed real Universal Nationalized Health Care, etc. etc.

2- How right-wing, what a lying machine, US Media is that it does not point to the above FACTS. I mean every day there are 100s of stories in US Media warning about the huge US Deficits, but not one of them does what I have done here, which is to look at countries such as China that are having huge Surpluses rather than massive Deficits and see what they are doing different. Because if they did so then they would have to face the fact that Republicans are lunatics, which means they are agents of Big Corporations (Big pharma, Big insurance, Big Military, Big banks, etc.) rather than being representative of American people and that too many Democrats are not too different than Republicans, and that is why all the steps that Chinese are taking leading to their Huge surpluses are not being taken in US, leading to massive Deficits in US. More on this here.

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Republicrats* = A Democrat that is a Democrat in name but in fact they are as right-wing, which means as owned by Big corporations as Republicans are, as a result of which nothing will be done in the US Senate (the Millionaires Club) to reduce the ability of the Big corporations (Big pharma, Big insurance, Big Military, Big banks, etc.) from screwing the American middle class as much as they want.

Related articles:

(1) China Military budget 2010-2011
http://news.bbc.co.uk/2/hi/asia-pacific/8548803.stm

(2) Economists at Convention See US Decline, China Rise
http://www.cnbc.com/id/40989690/comid/1/cache/72#comments_top

(3) China Leading Global Race to Make Clean Energy
http://www.nytimes.com/2010/01/31/business/energy-environment/31renew.html

(4) Jiaozhou Bay Bridge, World's Longest Cross-Sea Bridge, Opens In China
http://www.mirror.co.uk/news/top-stories/2011/06/30/china-opens-world-s-longest-cross-sea-bridge-115875-23237275/

(5) Another luxury Hotel in China: an underground luxury hotel - another example of how Middle Class in China is doing GREAT, compared to USA
http://www.smartplanet.com/blog/smart-takes/in-china-an-underground-luxury-hotel/25177