Question by : How much money do we owe China because of the Republicans?
The Republicans say they don’t like taxes. Yet they give oil companies tax breaks. The Republicans caused enormous debt in Iraq for nothing. The Republicans borrow money from countries like China. China has a middle class why don’t we?
Best answer:
Answer by I’m just me
Because BILL CLINTON signed agreements for the US regarding trade. I’m not even a Republican and I’m not that ignorant about the truth. Don’t trust the media or the politicians.
Give your answer to this question below!
Thank God China has a middle class!!!! It’s always been a lifelong dream of mine to be a middle class Chinese.
because we have crazy politicians who know nothing up in d.c. We are over 7 trillion in debt, so i bet we spent almost 5 trillion in Iraq. we probably owe china 1 trillion bucks.
China has a steady flow of our money going into their country because of the free trade agreement. They can flood our market with their less expensive goods but will not allow any country to export anything into their country. The president said this was healthy competition and would be good for our economy. Are we stupid or what? It wouldn’t suprise me a bit if someday it comes out that China bought the free trade agreement by fattening the pockets of a lot of people over here in this country.
Time to learn Chinese!
Um think before you write. You say republicans dont like taxes yet they give oil companies tax breaks. I dont know if this is new to you but tax breaks mean lower taxes so they would give oil companies tax breaks because they dont like taxes.
So China is richer than America?
Thats why, America is robbing the natural resources of other countries, like, the oil of Irag, coming soon, the oil of Iran.
What we are the SUPERPOWER for!
We owe the Chinese trillions of dollars, thanks to George W. Bush and his vengeful little illegal war in Iraq. We’ve spent over $ 1.27 TRILLION in Iraq; that’s a MILLION DOLLARS A DAY for 3,487 years!
Our descendants will still be paying off that debt for generations!
And – if the Chinese ever decide to revoke our line of credit, what’s going to happen? They’ll simply come over and take whatever they want: our real estate, our military hardware, our banks, our oil, our coal, our weapons of mass destruction, our homes, our wood, our silver, our gold, our transportation systems, our ports, our airplanes – even our women if there’s a lucrative demand in the sex-slave trade for American women.
And we’ll be powerless to stop them because we won’t have the money to sustain any military presence.
George W. Bush has ruined this nation, and it will take decades for us to repair things (if we ever really can!). In fifty years or less, America will no longer be a “superpower”. We’ll be a third-rate nation with no middle class. China will reign supreme and we will be nothing more than China’s lackey. -RKO-
Has NOTHING to do with Clinton ! Or the free trade act. Bush has BORROWED millions of dollars from China. Can’t blame Clinton for that !