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It is time, our government, and I, myself as president give an announcement to the rest of the Japan to let them know what we are planning, and what we are going to do in the near future. There are much unrest within Japan from the mafia incidence, and since the official Mafia expulsion from Japan, there have been some break up to some of the unity we had formed, and we are once again becoming more focused in our self interest, to do the best to ourselves, and to not take wider views into wider community to know our danger here. We must unite to solve Japanese problem. Only Japan as a whole can fix Japan. Without corporation, nothing will be able to be achieved within Japan.

We are also seeing more political break up in Japan, which is good thing which is bringing more voice, and activity within Japan. However, in the current time as right now, where our future is still uncertain, we must still try to consolidate into unions, while we try to grow our own party. We must keep our communication open, party presidents, and we must be willing to work together on some key issues, and make some concessions, if we truly wish to create bigger Japan. Self and party ambition may cause you to try to out play other parties. However, still in that condition, we must still be able to unite to preserve our coalition like government we had while mafia came into Japan.

This is call to all cabinet members. Since the time Mafia had left, and since the trouble had passed from Japan, I am receiving NO communication from some of you, and some of you have been ignoring my messages, or acting in the manner, which does not promote democratic spirit. You are working for the people, and to work for the people, you must be able to communicate. Please continue to visit forum, AND PLEASE if you wish to start a program, or wish to start something new, or other plans, please DO contact me before starting it. We will first talk about it in the congress, before we carry it out to the action.

Also, the Government Organizations are OWNED BY THE GOVERNMENT. Please when using them, keep this in mind, and please do not abuse the property held within the government, and please do not start using them without government consent. Please, treat these organizations with care, and please treat them as PUBLIC PROPERTY!

Also, If you wish to help the Japan, the country you love, Your donation of JPY or Gold can help us. As you know, we had lost considerable money from mafia, and this is chance for those nationalistic citizens to help the country in need. Your donation of gold and JPY could help our government significantly. Just donate to country account if you are interested.

Also, in next few days, I will continue to release a article concerning different troubles, or plans for our government. As for today, we will start with most important topic of Economy, and our market.


ECONOMIC ISSUES: WHY WE HAVE PROBLEMS

Our current economic problems are fed by the massive inflation within a country. This had happened due to the money in government hand had been put into the market by Mafia. Only way to make this money to come back into the government is by slowly correcting them back into our treasury. Thus, we are here to endure this problem at constant pace. When this crisis had been first attempted to tackled by our government, I had contacted the president of Thailand to hear about their experience dealing with inflation caused by introduction of stolen money into the market. They had told me they had done it through corporation, taxation, and with time. They had told me, it took them at least 1 month to stable back up, and they still have spontaneous drop in price once in the while, as some of that money enters the system. This is NOT an overnight issue. This will take time and patience.

Thailand had taken 1 month to stabilize their money. We took 1 week, as the first week of my presidency, was filled with quick rise to value of Japanese Yen. At the time, the trust had returned to rate of 0.009 Gold, and 130 JPY. However, at the current time, the value is dropping again. This is most likely due to more of the stolen money entering the system, as those buyers who held to the money is selling those JPY now that they had increased in the value. As the supplies of JPY slowly disappear from our market, the confidence will rise again. The important thing for us is to stay patient, and to continue to trade gold and JPY. This will be important for us.


High tax: Is this the answer?

There have been many calls for higher taxes, and I had been called idiot by some, due to the fact that I had asked the congress to lower the VAT of food from 20% to 10%. However, I must say to those congressmen, which while they may be right and higher taxes may speed up the recovery of JPY, it however further pushes the inflation by creating the food cost more. Rather, my current policy is a slow fix. I am planning for long term plan, and long term tax, which will continue to pull money off from the market, but also keep the price down.

I do not think rising tax to 20% will help us. The citizens had cried that foods were too expensive, and there were many smuggling, which tried to avoid the tax to lower the price. This will not help us, as it discourages spending. Rather, we need people to spend money right now, thus we must set our tax to moderate amount, to encourage spending, but to also collect money.

High tax may increase the amount of money we can profit from single item, however, it will discourage buyers, and promote smugglers, which does not help Japanese market, and rather cause more money to flow out. Thus, while we have some smugglers active within the world, we must make sure, we do not make the tax ridiculous.

My suggestion for tax to congress, as a president of Japan, is followings…

Weapon: 10% 25% 15%
Moving tickets: 5% 70% 10%
House: 5% 40% 15%
Foo😛 3% 99% 10%
Gift: 3% 20% 5%
Grain: 1% 99%
Diamonds: 1% 5%
Iron: 1% 5%
Oil: 1% 5%
Woo😛 1% 5%
Hospital: 1% 1% 1%
Defense system: 1% 1% 1%

There will be some rise over all in the tax, due to government deficit caused by Mafia threat in the last administration. I do feel guilty of increasing tax, when my platform had stood for low tax, but this is something which must be done by be, if I wish to retain any hope of survival of our country. I believe those tax rate will be high enough to have steady flow of cash into our government, but also allow it to be low enough to promote spending, and keep the prices down. It will be great if congressmen can start proposing those new tax measures from top to bottom.


What is the future Plan for the government?

Our plan is long term gradual fixing of our troubled economy. While it is easy to collapse the economy in one day, fixing it takes time. I hope to start some deflationary measures, definitely control the government money supply, and to cause one way flow of money between government and the market; to let moneys in, but to rerelease the least amount possible. There also will be slow lowering of the tax, once our treasury money supply looks healthy in somewhere around 80,000 JPY. However, till then, I hope to continue the economic policy, to slowly, but surely start to stabilize our market. While I may not be able to get everything within this month, I am sure I, or someone else, can continue and slowly fix our economy back to normal.

There were also some plans of Loans which were released into the media. However, we are shutting it down. At the current time, I do NOT want government money flowing into private hands, where it will cause more inflation. Thus, such plans will all be on hold, till our treasury looks healthy enough.

There are also gold deficit within the treasury and this is a very serious issue. Our government is tried to come up with much plan to solve this issue, but most likely, we will be dependent on Tax revenue, donation, or some minimum selling of our currencies. However, some idea of bond may be perhaps be created to allow more investment into government itself. Perhaps long term bond of 2 month minimum to 4 month. However, this is still some plan which is possible.

Also, Our government is also interested in somehow, restoring our construction sector of the country. At the current times, we opened our Japanese government companies to help supply the market with construction jobs, but this is temporary sold. There will be more long term issues that will be thought, and they will be used to fix our long term issue within construction sector, which our past 2 president had neglected, and ignored. I am here to fix the issue of construction workers, by making sure construction field can operate again.

Also, Raw material is one of the key issues concerning within our country. And these problems will be tried to be solved as soon as possible. However, until government can solve our deficit problems, there is not much we can do.

In conclusion, there are many issues that revolve around this whole economic difficulties, and one of the most troubling one, is the deficit of our treasury, and our lack of funding. Since our government lacks money, and most likely is currently poor, as ordinary citizens, we are not able to do much with great speed. Everything in erepublik costs gold, and it is something which our government is lacking badly right now.

Tomorrow, or sometime again today, I will continue to release the next section of these long Announcements to Japan as a whole. So stay tuned.