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gridloreThings are not well in the Dominion of Queen Mauds Land!
My people have excellent civil and political rights... they can read and say what they want, and get to vote for what they want the budget spent on, but the economy is failing! I've gone from "Strong" to "Weak" in about four days!
What is their malfunction? You'd think that opening the nation to uranium mining would have pumped some money into the economy, but noooo.. Now I'm being forced to erect tariffs against cheap foreign cars to save my auto industry.
If you blighters don't start spending some Pebbles soon, I'm letting big business back in! I swear!
My people have excellent civil and political rights... they can read and say what they want, and get to vote for what they want the budget spent on, but the economy is failing! I've gone from "Strong" to "Weak" in about four days!
What is their malfunction? You'd think that opening the nation to uranium mining would have pumped some money into the economy, but noooo.. Now I'm being forced to erect tariffs against cheap foreign cars to save my auto industry.
If you blighters don't start spending some Pebbles soon, I'm letting big business back in! I swear!
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no subject
Date: 4 Feb 2003 17:04 (UTC)Looking at Queen Mauds Land, your sluggish economy is both reflected in and caused by your relatively high income tax rate. I suggest that, when issues relating to taxation and spending come up, you consider the tax-cutting route. It's worked well for Musialstan (http://www.nationstates.net/cgi-bin/index.cgi/target=display_nation/nation=musialstan). When I was able to have uninterrupted 'Net access again (upon my return to the States), I found that Musialstan's economy had considerably weakened, as a result of misguided United Nations policies. Taxes were in the 20% range and climbing, with steeply progressive rates that penalized our most productive citizens. By cutting taxes and resisting increased spending, I've brought Musialstan to its present prosperity, without resorting to Draconian measures that would hurt our Civil Rights or Political Freedoms, both of which are impressively high.
With highest regard,
Red Schoendiest
Manager Emeritus
Republic of Musialstan
no subject
Date: 5 Feb 2003 17:34 (UTC)(Laffer's on my mind because he just joined the board of directors at my company. Everyone seemed to think they had to explain to me who he was. For some reason nobody imagines that a mere dumb software engineer might possibly have been an Econ minor, 1980-85, just as Mr. Laffer's theories were in the spotlight for all us policy wonks. I love people who think all engineers are one-dimensional code machines. Grrr.)