Join the new world

Well, another CP term is quickly coming to a close, and as such it is only fitting that we take a look back at the past 30 days to see what we as a country has accomplished in terms of our economics.

However, with the end of one term comes the beginning of another, and we can yet look further to see what affect the next CP may have on all things dollars and cents.




Setting the Stage:

Foxfire's term as CP began on eRepublik day 1842 - just three days after a congressional vote approved a raise in both the VAT and Import Tax of Food/Weapons.

Day 1851 saw a further tax increase, this time to the Income Tax. The premise behind all of these increases was of course to raise country income levels. Previous to these tax changes there were days in which government income levels were as low as 2000 CAD per day. (At a rate such as that, eCanada would be spend it's entire monthly income in order to maintain a mere 6 MPP's)

In addition to maintaining MPP ties to our allies, we desired to reinstate MU funding such that military units could not only have the opportunity to invest in improved infrastructure, but so that they could help direct their members onto the path of heavy hitting Gods of War.

Wheels Are Set In Motion

Congress wasted little time, and on day 1852 Speaker of Congress Homer J Simpson proposed a motion to transfer $100,000 from the country accounts to the Bank of Canada for MU funding payments. The vote passed 28-3; all political parties agreed that funding was for the benefit of eCanada and as such MU funding has made its return under a more clearly defined Act that governed its principles of operation.

War; What Is It Good For?

The events leading up to day 1851 (and beyond, for that matter) remain to be controversial. An alleged agreement between eCanada and the eUK to give an "enemy" nation access to an ally set the tone for much of the days to come. Out of it all came a NE proposal on the eUK.
Whether you want to argue that we played into their game, or we tried to strike first is rather irrelevant. Either way, eCanada was at war.

And there's nothing like bashing on some Brit's (or getting mowed down by ePoland) to bring out the inner patriot. BH's, CH's, TP's...the gold was flowing, and the country accounts certainly showed the effects.

As early as day 1854, the daily revenue for the country more than doubled that of the previous day. The upward trend of income continued for the duration of the short-lived spat with Britain, before settling back down into it's pre-war doldrums.

From There, To Here

We began this past CP term in a state of economic hardship. Most days it was all we could manage for this country to even break 3000 CAD per day in income which barely allowed us to keep a MPP stack ongoing.
Congress pulled together to come to an agreement on tax reforms that would pave the way for a reintroduction of the well received MU Funding Act.

In the past 30 days we have seen income levels as low as 2,185 CAD, to an impressive 24,006 (a fight for our beloved Newfoundland that saw a country wide effort).
The last month also saw the distribution of $170,000 in funds to members of our hard working military units. To put it into perspective; that's enough money to buy the needed WRM to make 14,166 additional Q7's. Not too shabby of a gift, I may add.

What's Next?

As of writing this, it appears that Rylde is poised to take his 3rd term as CP.
In regards to what to expect over the next term as far as economics is concerne😛

- Getting back on track in terms of creating a monthly country budget. Being transparent/open with where funds are/need to be spent is a priority.
How much will we spend on MPP's/month? How much are we allocating to military units?


- Continued outgoing payments and analysis of MU funding.
Is our money spent wisely? While 100% self-sufficiency isn't feasible given cost of Q7 factories, is there another approach we can take?

- Creation of a Merc fund?
Posed by Rylde in his article (http://www.erepublik.com/en/article/pre-election-question-period-2186412/1/20). I think this could be beneficial, as we have all seen what a concentrated attack effort can pull off in terms of influence.


Too Long; Didn't Read

The past 30 days have had their ups and downs - politically, militarily, and economically. However, I feel this past term represents a lot of progress on all of those fronts as well.
Congress was able to make several key decisions in regards to our economics, and it would appear we are on the cusp of making some crucial decisions regarding our position in the world.

Going forward into the next term I look forward to yet another productive 30 days, and seeing where those decisions may guide us.

- Bryan Alexander