I'm a YEC'ist and here's my natural understanding of the TOE. BTW, if you see any inconsistencies, please correct me as I loathe being misinformed.
Ok so there are supposedly several elements that guide evolution:
The first is reproduction. In order for a species to survive, it must successfully reproduce at a rate that is greater than or equal to its death rate.
2nd is inheritable genetic information.
3rd is random mutation within that genetic information through reproduction.
4th genetic information tends to be spread within the population.
5th Environmental pressures determine which mutations prove to be negative, neutral or beneficial towards the goal of reproduction. Individuals that possess negative mutations will reproduce at a rate that is less than those who possess the positive mutations. Over time, this should cause change in the overall population.
That's not bad. I wish more creationists would show at least this much understanding of how evolution works.
6th Over vast amounts of time (and this is where I get off the train) a population will repeat this cycle any number of times as is necessary to accumulate massive amounts of information within their genetic codes.
This is a problem. There is not really a reason to accumulate "vast amounts of information" over and above what their ancestors had. After all, once the information is changed, the earlier version no longer exists. So its not as if there is necessarily more information in the descendant population than in the ancestral population---just different information.
There are also mechanisms which add more DNA as well, but then there are mechanisms which delete DNA too.
The thing about this is that it must be done in small steps that can be overcome by chance processes or not at all, thus the need for "missing links". There's no room for leaps in evolution.
Yes, small steps, though they can occur at a rapid pace leaving few traces.
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