NationStates Jolt Archive


National debts rising

Rejistania
12-08-2004, 21:12
This is an idea for an issue which has its relevancy from RL. Comments, corrections, tomatoes or rotten eggs?

Title: National debts are rising (something more witty if you propose it)

Description: The newest budget plans reserve disproportionately huge amounts of @@CURRENCY@@s only to pay the interest of the national debts. The ministry of finance is predicting extreme difficulties to find financial means for anything but paying off debts in the near future. Some critics say that this might be a reason for a reconsideration of economic policy.

Validity: States with high government expenses in welfare or the military

Options:

[option]"It is an outrage!" yells a concerned mother, "my children will pay for the stupidity of the current political elite even more than we do now. Lower national debts as fast as possible, even at the costs of welfare or social equality. It might, no, will lower our current standard of living, but it's for the sake of the next generation."
[effect] government spendings have reached a new low
[stats]happiness decreases, taxes increase, economy increases slightly

[option]"You are not thinking it far enough" says @@RANDOMNAME@@, CEO of @@CURRENCY@@ron, "if you want to pay off your national debts, privatisation is the magic word. Let corporations run the basic services, the police for example, and get the money for it. Corporations can do it more efficiently after all - and who cares that some bums might not be able to afford basic services anymore?"
[effect] the government ceased to exist and giant corporations do its work now
[stats]economical freedoms increase, social welfare decreases drastically, compassion decreases

[option]"You want WHAT?" asks social worker @@RANDOMNAME@@. "We can live with national debts, we must not let our nation go down the drain because of them - and hey, we can increase the debts to pay the interest. Everyone in our nation profits from that, and do we care to be classified as a banana republic abroad?"
[effect] national bonds are no longer a safe investment
[stats]happiness increases, taxes increase a bit, economy goes down a bit

[option]Your 6 year old son has another idea to deal with the issue: "You are the state, so why don't simply make... print the money to pay off all debts at once, wouldn't that be nice?"
[effect] @@NAME@@ is ravaged by hyperinflation
[stats]happiness decreases, economical freedoms and economy go down, taxes drop by much
Josh Dollins
13-08-2004, 07:05
sounds good though I won't be getting it as my budget is fine and all. Of those choice two is best if you ask me. And as for the last choice yeah thats about how it works now in places like oh well lots of places china and america for instance and I must protest against it. Poor kid I take it he went to the public schools? haha
Rejistania
14-08-2004, 11:24
issue submitted with the title: Debts the way to do it?