I'm not for higher taxes, and taxes should be reduced on upper class and wealthy people. An regardless, I doubt anyone on this forum but a handful including I actually know what firearms to use, and I do have a bolt action rifle thank you very much, but I would rather hunt with an AR. And what you experience in the field cannot be prepared by what you do at the gun range. When you have a coyote dead in your sights, the adrenaline starts going and you have a good chance of making a very poor shot. That's why an AR is a good choice in case you make a bad shot, because they have low recoil and you can fire again if you missed!
you see, I completely agree that having a second shot loaded and ready to go IS a good thing, but, again we're talking beginner a good and experienced hunter may have a different opinion?
And one thing I noticed root, is that you're using Euro signs. Your inflation is different than our inflation,
firstly that was a pound sign.
I was going to use gold as an indication of inflation, in the 70's gold was about $75 per ounce, now it's over $2000....
but the reason that the gold standard was dropped was that it caused inflation.
take the debt of the seventies increase it 26 times (2600%) and that's a marker of what's actually been happening.
I chose not to use gold as it's a bit of a special case, and instead chose house prices and food prices, where inflation hasn't hit so hard, the price of bread is dependant on the world price of grain so it's a pretty good measure of inflation of commodities.
and I bet your media is portraying Obama a little different to you all.
what's your media's portrayal of David Cameron? nothing? that's pretty much what we hear about Obama also. generally just the basic facts, he wants to do this or that, very little in the way of opinionated discussion.
Fact of the matter is, we're in debt up to our ears, our economy may be coming back, but we still have to pay our debt back, and that will hurt the economy whenever, and if we decide to start paying it back.
the point that you're missing is that so is the rest of the world, not only that but GDP has increased so significantly as to negate the effects of the debt...
my point wasn't that the debt is not or should not be a worry, (it certainly should) but that portraying Obama as some sort of spend aholic or the with the worst fiscal policy at all ignores not least inflation (you can't compare the size of the increase in debt against previous presidents without adjusting for inflation, (by at least some measure))
but also ignores the global aspect, (which is huge by any standards).
And didn't jmacavali say no more personal attacks??
I wasn't making personal attacks.
at least I didn't think I was.
Oh, and to add to it, I'm 17 working minimum wage in a grocery store and I spend my summer, spring and fall months on the family farms, so what are you trying to explain to me? That I don't know anything? You see a lot of people working in retail, you learn a lot in retail, you tend to learn how economics work. I've gone through all the advanced history classes in high school, I've done non stop political and economic research, so don't be beatin' a dead horse
the point was that if you accrew a $500 dollar debt, in a month then that's bad, in your minimum wage job it will take you a long time to pay off, add various interests and you might be talking about years.
if the Manager of the store where you work accrews the same debt at the same time they can probably pay it off that same, if not next month.
because their personal "produce" is greater.
hence a six trillion dollar debt increase might be a huge amount it is NOT the end of the world, however a country with a much smaller GDP (like the UK where I live for example) we have a much smaller population and hence a much smaller GDP, a six trillion dollar increase in our national debt would be so crippling that we'd need special measure imposed, loans from the IMF etc.
(kind of like what's happened to Ireland and Greece, - even though their debt is less than ours).
That might have been an intelligent post, if you could spell. And excuse me for not knowing the signs, I don't tend to see them in everyday America
And inflation has to do with the price of gold in each country, AND, it has to do with how much money is in circulation within the economy, which is controlled by each country, so if that's what your refering to when you said "economies of the world powers are all interlinked" then that's what I have to say.
in that case Obama is one of the *best* fiscially responsible presidents,
compare his 6tn dollar debt increase at $2000 per ounce to the 3bn dollar increase of nixon/ford at 75$ per ounce.
whilst gold certainly IS a commodities market, it's not *the* commodities market to watch where inflation is concerned. -and certainly since the gold standard was dropped in the 70's has very little to do with inflation.
(basically just google "gold standard" and you'll see why it is not a good indicator of inflation)...
I said Yen. Yuan and Yen are both not worth much
yes, but yen is used in Japan and Yuan is used in China...
I know they are both a funny colour with slanty eyes but it might help your cause if you stepped outside of the bubble of ignorance that you live in and actually seek to learn something about world trade and world economics before getting into an argument about it.