Congress, Day 1476

Day 1,476, 08:49 Published in USA USA by Stanley Ibcus

Looking back on today's events, I realized that it was probably not right of me to include commentary with this article. So I removed it and changed the title.


Congress Day 1476

My Discussion topic:

Our GDP continues to decline. We have increased taxes to cover our costs and rebuild the reserves. While this has proven to be a success in the short term our long term outlook is bleak. The economy is not getting any better.

In macroeconomics, there are two basic methodologies for correcting recession.

1. Monetary Policy: Print more money or increase taxes.

2. Fiscal Policy: decrease taxes to stimulate the economy or invest in the economy by purchasing goods.

I do not think we should print money. I do not think we should increase or decrease taxes at this time.

We need to invest in our economy by purchasing goods from the market. I would like to put together a commitee to make daily purchases from the market. The goods would be purchased at the lowest market rate for a given product.

The commitee would track the flucuations in market prices, goods available for sale, estimated tax revenues, and number of individual offers. All government purchases would be used to supply eUS Troops and the Department of the Interior. The commitee would provide detailed reports every other day for analysis by congress as a whole. Success will be measured by a sample size of GDP.

Initially, this commitee should make purchases of $5000 per day for 15 days. This will allow enough time to measure any significant change in GDP. At the end of this 15 day period congress will review the results and vote to continue the program or disolve the commitee.

Financing: Congress would need to approve a one-time budget item of $30,000. Any future financing would depend on the results of the initial period and be voted on by congress.

I would like to chair this commitee myself with George Armstrong Custer and another congressmen as co-chairs.

Thoughts, improvements, suggestions:

Pfeiffer's Reply:

I don't care if you people do this, it's dumb...but so far we've already passed one piece of legislation we don't need.

However, if anyone here thinks we can trust Stanley Ibcus with this, assuming we pass this PoS bill, I'm going to move for censure. The only significant position of trust he's ever held in this game was USWP Party President, and he used it to attempt to destroy the party. He failed, because he's stupid, but if you let him anywhere near public funding this will turn in to the most ridiculous Congress since Brad's hissy fit, because I will go absolutely apesh*t on all of you.

Now, feel free to carry on, but Pig and Pearl just finished it, imo...except that Pearl has no evidence that the bot pays taxes.


You can find the full thread here -> http://eusaforums.com/forum/index.php/topic,13890.0.html

In the interest of full disclosure, here is what he is referring to (I am not ashamed): http://www.erepublik.com/en/article/uswp-explanation-part-i-1810119/1/20
Suggested Reading:

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Voice of America
eUSA Forums