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How To Fix Your Economy

PostPosted: Sun Feb 23, 2014 12:08 pm
by 5enator
So before I took office in Vorona, the government budget was so bloated that it accounted for 100% of GDP. This meant huge deficit (99.8% of GDP deficit), huge debt and huge unemployment (100%). I thought it natural to edit the budget to something less spectacular, and did so to represent ~50% of revenue at the time. I had hoped that consumption would rapidly grow, outnumbering the size of the government in terms of proportion of GDP; but the adverse effect took place. Revenue spiraled down to 1/700th of its previous size and the current budget is 0.15% of its previous size as well. GDP per capita is at like $0.87 from $609. I have no idea what to do anymore, because consumption will never rise and unemployment will never fall from unreal numbers.

Help me, please, anyone? What can I do?

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 2:39 am
by Siggon Kristov
The unemployment is static. It won't change ever again.
Government spending does not affect consumption. Taxes affect consumption.
Since everyone is unemployed, no-one has an income, so they can't spend any money on income or pay taxes.

GDP = Government Spending + Consumption
Your consumption will never pass 0, as I explained above.
If you cut your government spending, obviously your GDP will fall as well. Your government spending is the only thing contributing to your GDP.

The only source of revenue is Corporation Tax.

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 5:27 am
by EEL123
More generally, the Particracy economic system is sort of screwed up.

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 4:10 pm
by 5enator
amend pls :<

edit; can a moderator not just change my nation's unemployment to something much lower (5-7%) as to fix the whole issue here?

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 4:43 pm
by Siggon Kristov
5enator wrote:can a moderator not just change my nation's unemployment to something much lower (5-7%) as to fix the whole issue here?

No, I don't think a moderator can. Look, not every nation can be normal.
Incorporate the dire economic situation into RP.

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 7:30 pm
by Zanz
To verify, moderation can not change unemployment levels. As EEL pointed out, the economic system of Particracy is generally broken, and cannot be fixed without Wouter's continued development of the game, which looks unlikely at least for the foreseeable future.

Re: How To Fix Your Economy

PostPosted: Mon Feb 24, 2014 10:27 pm
by 5enator
Siggon Kristov wrote:
5enator wrote:can a moderator not just change my nation's unemployment to something much lower (5-7%) as to fix the whole issue here?

No, I don't think a moderator can. Look, not every nation can be normal.
Incorporate the dire economic situation into RP.

Well yeah, but after 2000 years of the same old story can we not finally have a lighter, possibly wealthier, situation? I don't know, you know. Perhaps totally scrapping the idea of relying on Wouter's continued development of the broken economic module we rely on user-created files that help give a general idea of how well (or not) our economy is faring-- like, with unemployment figures that are actually mobile and dependent on certain factors.

~looks at siggon~

Re: How To Fix Your Economy

PostPosted: Tue Feb 25, 2014 8:37 am
by EEL123
5enator wrote:Perhaps totally scrapping the idea of relying on Wouter's continued development of the broken economic module we rely on user-created files that help give a general idea of how well (or not) our economy is faring-- like, with unemployment figures that are actually mobile and dependent on certain factors.
Yeah, we can ignore some of it. The functional bits can be kept.