Broad question, broad answer:

Is the situation in USA bad? Yes, in several aspects (and getting much worse if the current fascism movement wins out in the end).

Is the situation in China bad? Yes, in much more aspects.

Most important goal for USA right now is to ensure they’re not regressing into an authoritarian, fascist regime. Because then, the situation for US citizens will start becoming really similar to China or Russia. After that, goal is to combat climate change. And preventing World War 3.