POLITICAL: China dictates American policy

http://www.reuters.com/article/idUSTRE6183KG20100209

China PLA officers urge economic punch against U.S.
Chris Buckley
BEIJING
Tue Feb 9, 2010 12:00pm EST

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BEIJING (Reuters) – Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

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Doesn’t anyone find this dangerous?

(1) Immediately balance the budget. Nuke functions. Lower taxes (i.e., the Laffer curve will increase revenue).

(2) Create a debt-reduction plan (i.e., whatever reasonable interval to pay it off — fifty years? a hundred years?).

(3) Adopt something with teeth that can keep this from happening again!

Argh!

Your gooferment at work!

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