Are any of you watching the Presidential Inauguration today?

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I'm not saying all taxes are bad. I'm saying is that what we are doing right now is so unbelivable stupid. Here is Oak, cheering for the guy is is going put him into poverty. Once this country goes bankrupt, which, come tk think of it, already has.
(do not read any further unless if you want to be insulted)
Oak, your "polictics" is highly amusing. First, you clap for the "favorite" canidate for winning, then condemn him for raising taxes on your family, you now you're clapping again.
Myem, this country is going bankrupt. There is no future for us here. The dollar will
Become useless within the next 10 years. Then, China will come looking for its money, but guess what? We don't have any. So what do you think happens then? They go bouncing happily along?
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Going to put him into poverty? Please, compare that to France's possible new high-income tax rate. Sure, there's a few pissed off actors and businessmen leaving the country, but no rich people are being driven to "poverty."

"This country is going bankrupt"
Guess what, we are producing more jobs every year and the dollar hasn't lost any value like people like you have been saying for the past ten years.

China knows that the debts will never be paid, because if America was ever to go bankrupt (Which is not possible in any classical sense), then who would be the major consumer of Chinese products? Half of its population live in substandard conditions so obviously they would end up with huge surpluses of unnecessary products that they would be unable to afford, unemployment and poverty would go up, average salary would go even lower, then mass riots and famine take place.

And what about the debt that China or numerous other countries owe to the US?

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Plus, it's only about a trillion $ debt that the US owes China.