Economic Growth or Economic Fail
Releasethe Krakken
Some of our CP's quite openly stole money. They were lambasted in article after article.
Lets review the "Economic Program " announced by Rusty D
https://www.erepublik.com/en/article/-eire-icm-irish-aid-economic-stimulus-2646286/1/20
At this stage its easy to see that basically the program is intended according to Rusty D TO
eIreland Economic Stimulus
The aim of this program is to allow for an economic growth, not only by you the Irish citizens, but also our nation as a whole.
Your government will be trialing this new economic scheme and depending on it's success, it will be presented to the Irish government for possible adoption and government backing (Note: During the trial period, it will be privately funded)
Rusty talks about a 2 way system
System 1 means the citizen gets economic help
System 2 means the government profit from this help or in his word it grows economically.
Now if we take only 1 investment in a citizen which is 20 gold according to the project.
The cost to the country is 20 x 500 = 10000 cc
So our initial position is +10000 cc
Here I again show the company I bought from the money. I added 3500 and went for the bigger company that uhmm produces more FRM for me than a 10 gold company would.
Here I worked in the company it cost me clearly 2.24 cc /iep per wam click
So since we are buying 2 companies our cost would be 4.48
According to Rusty the program would benefit the government
. It will benefit the government, due to the WaM tax 4.27cc per grant/per day, it will also bring in extra tax income when they place items on the market.
So our daily income from our 10000 cc investment is 4.27 according to Rusty + Vat Since FRM will be used to produce food we need only look at food production.
Cork has an production per day of 166 Food
Now before Vat we would get 41.5 for that 166 food at 0.25 cc per unti
Now vat on that = 41.5 - (41.5/101* 100)
= 41.5 - 41.09 = 0.41
So our total daily income is therefore 4.27 + 0.41 = 4.68
Now to determine the days we need for Roi is very easy.
10000/ 4.68 = 2136 days or 5 years and 311 days So around 5 years 10 months
Now remember the object was to grow our economy. And Rusty D had the figures in his article and could quickly make the same calculations as I and reach the same conclusions
So please Rusty D explain to us how :COUNTRY GROWTH = -10000 cc for 5 years and 311 days .
There is no growth because if you need 5 years and 311 days th reach ROI then the country's economy will not grow. ROI = growth whatever rusty imagines growth is simply mildly put baloney.
GRANTED IN HIS OWN WORDS ITS PRIVATELY FUNDED AND A TRIAL.
So I assume Rusty D can see :
1. yes if he funds it privately there is growth for the country
2. no if he uses government money there is only 1 clear answer:- FAIL
Multies
What iF instead of spending money on rl citizens we are spending money on multies.
Because the mortality rate in multies is very high and
a dead multi who funnels our money to other citizens = zero chance of ever achieving ROI .
If 20 person was multies we just lost 200000 or 200 hundred thousand cc that we will never see a ROI on.
Whether Rusty D knew about this or not this illustrates a certain naivety on his part. And a naive CP who blows our money on fanciful and unfeasible projects is major league incompetent.
So please join me in objecting to this project being government funded.
Bias
As you can see my companies clearly met his requirement : I bought a bigger company I showed him a picture of it. So please explain Musty D how exactly am I not complying.
Comments
the program should have been limited to citizens under a certain level, so as to help new players progress, not old farts like you that only care about your ego not the country.
well well well nogin how quickly a good critic becomes a sheep. tell me again how this well help the country to lose 10000 cc per player forever if they sponsored it.
we ran these programs in the past, yes it loses money, but like the training centre upgrade programs, they help young players advance, its supposed to be a community game and helping others is part of that.
Its not all about profit, these citizens eIreland helps may stay eirish they may leave and become useful members of other ecountrys but either way they will remember Ireland as someone who helped them in the past and may return the favour in our time of need.
Of course there will be those that leave the game and people who try to take advantage of the program, but these are issues that will always arise no matter what you do to prevent it.
come on nogin we have seen the surge in "new "players once these things is announced. and we can also see bias in that i totally complied with his requirements yet dont get my second amount. and also no reason why?
I would not have given you or anyone else anything if they were above lvl 50 if i was running it, you took advantage of his goodwill, count yourself lucky he gave you anything.
Honestly if you'd any decency you'd return his cash, you don't need it, why not let someone else who does need it get it.
why ? am i not entitled to participate in the programs of government?
As i said, Its an incentive for new players, you don't need it, just because you can get stuff for free does not mean you should apply for it, its depriving those who really need it.
where is it written that its a initiative for young players. just because you spin something to support your nefarious agendas dont necessarily make it so.
You dont comply, since the second lot of photo's you sent to me do not meet what was required. Others manage to comply.
The main aim of the scheme was to help citizens grow, the secondary effect was to have a tad more income from them in the taxes. But things were successful. The people who signed up, grew slightly due to the free grant. Taxes are made on it.
Nothing turns a profit right away except for high risk ventures.
Any government program can be acceptable to multi's, even with people doing the survey which recorded their IP's that I cross checked with the grant scheme. But should we limit what the citizens might get because some people want to de-fraud the government?
The scheme has not cost the government anything, as stated in my article it is privately funded since it was trialed. I personally have no qualms in funding things privately that allow for the growth of our nation, even if it means only 1 or 2 people are successful and others like your self take selfless advantage of it.
Which leads me to ponder the question, if the program was such a failure, why did you ask for a hand out and then try and do a song and dance about it? so is it because you enjoy being a leech on Irish society or is it because you enjoy flip flopping like we see with you getting back into congress even after your anti congress article?
so buying a bigger factory in your twisted point of view is not acceptable. pray tell your reasoning behind your obvious attempt at selective bias.
From the message I sent you:
Your initial 5,300cc (10g) has been sent. To get your second payment, you will need to provide a screen shot of the first company inside your Irish HC, as well as ensuing the screenshot shows 1. eRep date/time stamp, 2. You have WaM in this holding.
Considering the image you posted didn't have a time stamp, you failed to comply. So that is not bias. You really should learn to read.
where did you state this requirement in your initial article?
If your interested in taking up this scheme (it will be limited while in the trial phase), please send your CP Rusty D a PM. You will need to show screen shots of your Irish holding company, you will also be required to obtain one building before gaining the loan for the next building.
so how do we know your not making different rules for each player and how exactly does this ensure anything. i could have a company there already and place a times screenshot for you.
my point is rusty if i really wanted to deceive you with my skillset you would never know. its the principle of trust . if you cant trust what im showing you is what you require you should not have given me the money.
Ask the others who received the grant. And what is wrong with that request?
RTK no one trusts you, but if I didn't include you, you would cry racism or make a big song and dance. Like your doing anyway, but with a hand out.
when you place rules stick them hand me the rest of the money and stop your patent racism. do you really think i would have placed and keeped those factories there with our bonuses, on my own. most of my frm factories have been moved to certain locations my food factories have been moved . i am willing to help ireland a little bit but if you want to write rules for me alone then obviously you have no interest in what is good for ireland. if a system is wrong should i ask another whether they suffered the same injustice?
The rules were the same for everyone. And as you just admitted you moved them anyway, so your screwing Ireland.
You follow the rules like everyone else, you will get the extra money. But alas your just trying to line your own pockets 🙁
https://i.snag.gy/ORNMrT.jpg ok as you can see there is the same factories still and there is my timeline. so pay up