I'll confess up front that I'm not all to familiar with J-Scrilla and K-Beta of Inner Loop Records, but what little I've heard so far has been quite good, including this latest single Guns & Butter off of Inner Loop's upcoming compilation album Culture of Honor. There's a lot of ignorance to be had in the above video, though, what with the footage centering around a bikini clad woman treating an assault rifle as if it were a sex toy and a thugged out BBQ serving up more firearms than grilled food. If it weren't for the vague storyline running through the background - two bumbling criminals break into XO and K-Beta's crib, only to find themselves on the wrong end of several large guns - one might be inclined to see this video as a sly criticism of the 2nd Amendment. That may be giving this whole production a bit too much credit, but I have to say it's a surprisingly well produced effort nonetheless.
Lest we go an entire post without dropping a little bit of knowledge, here's the Wikipedia entry for the macroeconomic model of Guns & Butter:
[T]he guns versus butter model is a simple example of the production possibility frontier. It models the relationship between a nation's investment in defense and civilian goods. In this model, a nation has to choose between two options when spending its finite resources. It can buy either guns (invest in defense/military) or butter (invest in production of goods), or a combination of both. This can be seen as an analogy for choices between defense and civilian spending in more complex economies.
The "guns or butter" model is generally used as a simplification of national spending as a part of GDP. The nation will have to decide which level of guns and butter best fulfill its needs, with its choice being partly influenced by the military spending and military stance of potential opponents.