It is bad enough to be over 10 trillion dollars in the red, but it is even worse to owe much of that debt to your economic competitors. Which, as you can see from the graphics below, is exactly the situation the United States faces today. America's top two foreign financiers - China and Japan - have the world's third and second largest economies, respectively, just behind the U.S. Out-of-control government spending combined with lawmakers' fetish for tax breaks have allowed the national debt to spiral out of control.
