China more concerned about U.S. deficits than Obama and his minions

A week ago, in The New York Times:

In a July meeting, Chinese officials asked their American counterparts detailed questions about the health care legislation making its way through Congress. The president’s budget director, Peter R. Orszag, answered most of their questions. But the Chinese were not particularly interested in the public option or universal care for all Americans.

“They wanted to know, in painstaking detail, how the health care plan would affect the deficit,” one participant in the conversation recalled. Chinese officials expect that they will help finance whatever Congress and the White House settle on, mostly through buying Treasury debt, and like any banker, they wanted evidence that the United States had a plan to pay them back.

Last night, on Saturday Night Live, the cast brought the point home:

Evidence that Obama's running out of Kool-Aid.

Crossposted(*).

Comments

[Bernie]

It is not funny when it is the TRUTH. Thank God the kool aid is running low. I am surprised that the almighty one is being picked on.

[Greta]

They have some concern, but realize that if we default, they have won the cold war at a cost of a few billion. they will then be the number one power. Why not us spend ourselves to extinction and that is why they love Barry and the democrats