Wrong Target

I hadn't heard about the supposed anti-China slur in a political ad run by Pete Hoekstra who runs against Senator Debbie Stabenow in Michigan. So I read the text of the ad in this Yahoo News write-up from The Week, which I repeat for you here:

Thank you, Michigan Senator Debbie Spend-it-now. Debbie spends so much American money. You borrow more and more from us. Your economy get very weak. Ours get very good. We take your jobs. Thank you, Debbie Spend-it-now.

I don't get how this ad is anti-China; instead I see it as anti-U.S. If the U.S. insists on being an irresponsible spendthrift like Greece, who can blame China (or anybody else) for taking advantage of our stupidity?