Just a thought

So on almost any piece in any major news outlet ive ever read about US government debt they always mention 2 things. First they always say that "communist china owns 25% of US foreign treasury debt. Now this seems like a big number at first, if you look at the numbers China actually owns much closer to 6.5% of US Government bonds. Why the huge difference? Most US T Bill debt is owed to the Social Security Trust Fund, and private investors. Only 27% of US debt is owned my foreign countries so China owns 5% of the 27%. The reason i mention this is again not to dismiss the United States debt entirely, but to put it in perspective. Another figure you will hear tossed around alot is that were 14 trillion dollars in debt! Now obviously this seems as if its a huge number but as a percent of the GDP its roughly 90%. Only 20% away from Greeces current level of debt. However most the debt is owed to the Social Security Trust Fund, and countries measure their debt in debt held by public. The US debt held by the public is around 63% of GDP. While a reaosnably large number this is not earthshattering and can be dealt with by raising taxes and cutting spending.  Most developed nations have much more government debt as a percent of GDP than we do. I'd also mention again (Not that i support hyperinflating our currency) that the debt is denominated in something that we can make infinite numbers of. So we in theory could create vast ammounts of dollars to pay the debt off with. Now obviously if taken to the extreme could cause hyperinflation, but if used moderately it could help create a climate in which the United States would have a easier time paying off its obligations.