1. The Government borrows money from China to give to us.
2. We are supposed to go out and buy stuff with it, stuff that's made in China.
3. This stimulates the US economy.
4. Everything is now coming up roses.

Am I missing something here?

Wouldn't it be better to employ people in the US, even on CCC-type jobs?

(Yes, I'm picking on China. Could be EU or India -- pick a country, any country.)