Many of us Canadians are confused by the U.S. midterm elections.
Consider, right now in America, corporate profits are at record highs, the country's adding 200,000 jobs per month, unemployment is below 6%, U.S. gross national product growth is the best of the Organization for Economic Cooperation and Development (OECD) countries.
The dollar is at its strongest levels in years, the stock market is near record highs, gasoline prices are falling, there's no inflation, interest rates are the lowest in 30 years, U.S. oil imports are declining, U.S. oil production is rapidly increasing, the deficit is rapidly declining, and the wealthy are still making astonishing amounts of money.
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You are lucky to see this from an outside source. You get your information from Canadian news. Most of our citizens get their information from FOX. The worst news station in the history of the world. The only station, in fact, to be brought to court to be sued for lying. The Judge ruled them innocent because lying is not against the law, nor is having a strong opinion (news is about reporting events, not about telling people what they should be thinking) . What the -blam!-..... Most of my family falls into the category and hates Obama from deep within their bones. I have tried explain all of this too them. Anyways, so, everything you said is absolutely on point. Another thing is that 80% of Americans don't understand the difference between the deficit and the debt. They think since the debt keeps rising that we are spending more and more each year, when in fact, the debt still rises simply because we still have a deficit, however the deficit drops a few 100m a year. The first year Obama took office the deficit rose to 1 trillion. However those were not his numbers. They were, mostly, from the previous administration. We are currently at the same deficit numbers as Bush was when he left. But Americans can't see that. If we keep on the current path we should see a surplus in a few years. But, if basically any Republican gets voted in, that won't happen. Due, in part, to most of them wanting to invade every country in the world currently that contains any Muslim. You also forgot that everyone now has access to at least the basic forms of healthcare. What????
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You forgot to mention that CNN, NBC, and all the other liberal medias are very biased, just as much as fox. They distort the truth to fit their agenda, just as fox does. It's called media bias. All the social medias nowadays have it.
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Fair enough. Though, I don't watch CNN. I don't know anyone who watches CNN anymore. I do like NBC though. Not the Chris Mathews type of shit, but for local news. Our station is pretty good about just reporting and not being opinionated. Bias media should be outlawed. I want to hear what is happening, and I will judge for myself as one of the people. I actually get a lot of my news from BBC. An outside source is truly the only way to see whats really going on, sadly. Hell Al Jazeera, despite right wing nuts being afraid of the name...., is a pretty reliable source for global conflicts. Anytime I have ever tuned in I never once heard someone go one way or the other. They literally say "This got attacked today. The market did this. Australia is still afloat." Etc.
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Did you just say no inflation? Where did you get that from? How could you even say that?
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Edited by Wolfe: 1/27/2016 5:07:02 PMWell currently, in perspective of where I am at in the u.s. now and, considering this is from an article released on nov. 10 2014. I have not seen much increase in inflation. A cart full of groceries is still around $200, about the same as it was 4 or 5 years ago.
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F that. I can overflow a cart for $150. Gotta spend smart, but still stay healthy!
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Using that perspective I understand where you are coming from however that in no way means there is no inflation. Also, how can you really know based of of groceries? I'm not meaning to be an ass so please do not take it that way. I just know that inflation still is a large problem.
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See most people refer to inflation in the stock market, which in no way affects the life of the citizen. However, buying a cart of groceries is something that does affect every american. If the economy was truly inflating, the price of those groceries would rise. See my point?
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Inflation is not a problem, what are you talking about?
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So your purchasing power has increased, with no rise in income?
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Was replying to another post.