Where can I go to read about some REAL facts concerning our economy?

[Rucker61]

It's not that complicated. Your great great great grandchildren will still be paying for President Obamalamadingdongs stimulus package. Like I said, if you can't figure this one out on your own, you have a lot more to worry about than who will be the next president.

Knowing there's a problem is one thing. Having a solution is another. What's yours?

[Colorado Luckydog]

The problem is much like politicians the media will never give you a straight answer to a question. You find one graph or chart that shows things are up only to find it only applies the one county on an odd month in the 3rd quarter of 09.

I don't personally believe you can get the answers in any one place. I spend time (waaaay to much time) on both sides sites. Left, right, constantly cross referencing things back and forth.

That said I do the grocery shopping in our house and I found this list pretty telling. I don't need any graph, chart or pundit telling me what I can see in my own household budget.

Price of goods since 2009.

Gasoline (gal) 158% INCREASE
Beer (16oz). 25% INCREASE
Eggs (doz) 73% INCREASE
Coffee (lb) 90% INCREASE
Peanut Butter 40% INCREASE
Milk (Gal) 26% INCREASE
Bread (loaf) 39% INCREASE
Pasta (lb) 44% INCREASE
OJ (16oz) 46% INCREASE
Apples (lb) 43% INCREASE
Wine (lt) 60% INCREASE
Electric Bill 42% INCREASE
Beef (16oz) 41% INCREASE
Butter (lb) 143% INCREASE
Tomatoes 22% INCREASE
Turkey (whole) 5 6% INCREASE
Bacon (lb) 39% INCREASE
Ground Beef 61% INCREASE
Cookies (lb) 39% INCREASE

Great post! I take it you don't want to give him four more years! LMAO!

[Colorado Luckydog]

What's funny is, when Romney wins and turns things around very quickly....the Dems will say it was Obama, it just took time for his policies to work! That one always cracks me up!

[Rucker61]

What's funny is, when Romney wins and turns things around very quickly....the Dems will say it was Obama, it just took time for his policies to work! That one always cracks me up!

For those of us taking notes at home, can you define "turns things around" and "very quickly"?

[ChunkyMonkey]

For those of us taking notes at home, can you define "turns things around" and "very quickly"?

From free falling to stay afloat like fluffy cloud.

[tmleadr03]

The best author I've ever read, who can explain economics in a clear, non-jargon filled way is Thomas Sowell.

Seriously, start here:
http://www.amazon.com/gp/aw/d/046502...sr=8-1&pi=SL75

One of the easiest economic writers to read. Road to Serfdom is good, but not an easy read. And for the life of me I can not read Adam Smith's Wealth of Nations.

Now for a quick and humorous lesson on the two warring philosophies Google hayek vs Friedman and watch the YouTube video. Awesome.

Snort. Posting this from my phone and noticed that auto correct capitalized Friedman but not hayek.

[tmleadr03]

From free falling to stay afloat like fluffy cloud.

I hear his poop smells like roses too!

[Rucker61]

The problem is much like politicians the media will never give you a straight answer to a question. You find one graph or chart that shows things are up only to find it only applies the one county on an odd month in the 3rd quarter of 09.

I don't personally believe you can get the answers in any one place. I spend time (waaaay to much time) on both sides sites. Left, right, constantly cross referencing things back and forth.

That said I do the grocery shopping in our house and I found this list pretty telling. I don't need any graph, chart or pundit telling me what I can see in my own household budget.

Price of goods since 2009.

Gasoline (gal) 158% INCREASE
Beer (16oz). 25% INCREASE
Eggs (doz) 73% INCREASE
Coffee (lb) 90% INCREASE
Peanut Butter 40% INCREASE
Milk (Gal) 26% INCREASE
Bread (loaf) 39% INCREASE
Pasta (lb) 44% INCREASE
OJ (16oz) 46% INCREASE
Apples (lb) 43% INCREASE
Wine (lt) 60% INCREASE
Electric Bill 42% INCREASE
Beef (16oz) 41% INCREASE
Butter (lb) 143% INCREASE
Tomatoes 22% INCREASE
Turkey (whole) 5 6% INCREASE
Bacon (lb) 39% INCREASE
Ground Beef 61% INCREASE
Cookies (lb) 39% INCREASE

An economicst would find this interesting, as the CPI has only risen about 8.4% from the beginning of 2009 until the latest figures (September 2012). Some areas to investigate the difference between your figures and the CPI would include the possibility that your products aren't included in the basket of goods that are measured for the CPI, although the basket does include cereal, milk, chicken and wine, among other items. He or she would also look at the types of food purchased - are you buying a higher quality of goods than previously, thus spending more money regardless of inflation. It could be that you aren't part of the demographic that is surveyed for the CPI, although the base demographic does represent about 87% of the people living in the US.

[Rucker61]

From free falling to stay afloat like fluffy cloud.

Any numbers associated with those descriptions? It's easier to measure that way. I didn't see a schedule, either.

[Colorado Luckydog]

For those of us taking notes at home, can you define "turns things around" and "very quickly"?

If you are still taking notes at this point, then you should just vote from your heart. Your brain won't ever get it.