NationStates Jolt Archive


Proposed Debt Issue

Vontanas
17-07-2007, 01:56
Title: @@NAME@@ In Massive Debt

Description: A recent survey by the Economic Inquirer has shown that @@NAME@@’s debt is five trillion @@CURRENCY@@s and still climbing.

Validity: Can’t be pure socialist or pure capitalist

[option]“Debt? What debt?” asks General @@RANDOMNAME@@, “@@NAME@@ has never been in debt. Anyone that says otherwise can meet the business end of our tanks. After all we can’t be in debt if we have no debtors, right? We wouldn’t even have to raise taxes; just take the money from all those welfare programs!”
[effect] debt-collectors have often been shot at by the military
[stats] economy increases, military funding increases, social welfare funding decreases

[option]“That’s ludicrous! Instead we should return to good old fashioned capitalism,” says a @@MAJORINDUSTRY@@ CEO, “There are way too many corporate regulations; if we got rid of them then we’d be out of debt the easy way. Of course, that would mean taking away minimum wage and what not, but it’s worth it to get out of debt.”
[effect] debt is going down rapidly, but the middle class is vanishing
[stats] economic freedom increases, economy increases, happiness decreases

[option] “Are you kidding? We need more corporate regulations, not less!” says notorious workers’ activist @@RANDOMNAME@@, “It’s because of those stupid corporations that were in all this debt in the first place! If they had been more responsible then we’d all have loads more money. In fact, I say get rid of those money hungry corporations all together. Only the government can be trusted not to mess things up.”
[effect] the government has thrown out corporations to get out of debt
[stats] economic freedom decreases, economy decreases, happiness increases slightly
St Edmundan Antarctic
18-07-2007, 17:20
How about adding an option for the goverment to just print more money for paying off the debt (which would cause inflation as a side-effect)?
Sirocco
18-07-2007, 18:11
An excellent idea for an issue! Here's some reading material that might help.

http://en.wikipedia.org/wiki/Government_debt