Enter Joe Biden's "American Jobs Plan," a $2.3 trillion spending scheme that takes some Americans' most fevered fantasies and wraps them inside an "infrastructure" label in an effort to convince Capitol Hill that the spending is all about roads and bridges. An analysis by the Wharton School places plenty of caution flags on this initiative.

To be clear, the spending bill is actually the creation of a national debt so massive that it has the means to destabilize a democracy dependent on a functioning economy.

For the Chinese Communist Party seeking to master the 21st Century as the one global superpower, it represents a strategic victory without so much as firing a single bullet. They know that an economically weakened America cannot possible sustain its military leadership when it is burdened with paying down a massive debt. Our allies and unaligned nations recognize this threat as well, and will reinvent their relationship with China if they believe America's best days are in the past.