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Economic Stimulus Package Failed to help the economy!


ottawa1234

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World Times

After 2 weeks of the 136 billion dollar stimulus package, given, to strenthen Bohovia's economy, the progress report has been released and It does not look good. The economy is still spinning in a down-wards spiral and the country is almost bankrupt. Aruj Sampson talked to us and said

"This is a very stressful time for me and the whole nation of Bohovia, we are in the biggest economic hole we have ever expirenced, the un-employment rate has raised to 19.2% and thousands of jobs are being lost, my team and I will be formulating another plan to stimulate the economy, as of now, there are no plans on the table, un-employment raites could rise to over 30% in the next month. We must stand stroung and get through these hard econmic times, know are team are doing everything in are power to fix this growing problem. We are open to suggestions of other nations, thank you"

The governement has also released a graph of the TOTAL GOVERNMENT FUNDS for the month of January.

The following graph follows the scale 1= 1 Billion Dollars.

graph.jpg

Notice the disturbing downwards trend on this Offical Statistics Bohovia document.

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Looking at this graph, it appears it's best for Bohovia to reduce its jobs in order to increase governmental fund.

***Respoce from Aruj Sampson***

This is a very good idea, although I think the crisis it self is already reducing jobs quite sufficiently. We will take this idea into account though. Thank you.

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While not in the same situation, we are in the middle of our own crisis, and we sympathize. We hope you are able to find a way of pulling out of your...dare we call it a depressionm or is it still just a recession?

As of now, it is a recession, although the situation is on the brink of becoming a depression, we also hope your nation will be able to pull out of the recession you are expirencing currently.

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We are considering sending your nation economical aid packages. Your nation's crumbling economy is starting to effect our own economy, which is bad news, especially when we have just recovered from our economical recession a few weeks ago.

Edited by HHAYD
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We are considering sending your nation economical aid packages. Your nation's crumbling economy is starting to effect our own economy, which is bad news, especially when we have just recovered from our economical recession a few weeks ago.

We are very sorry for the inconvience are poor economy is causing your nation, and we hope that this does not slip your economy into recession once again. We are standing-by for financial aid packages and would be most thankfull If you were able to find the sufficient funds to help our economy recouver. Thank you.

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We are very sorry for the inconvience are poor economy is causing your nation, and we hope that this does not slip your economy into recession once again. We are standing-by for financial aid packages and would be most thankfull If you were able to find the sufficient funds to help our economy recouver. Thank you.

Our legislative branch have approved an aid package of $20 billion for your nation, please use it wisely.

Edited by HHAYD
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Our legislative branch have approved an aid package of $50 billion for your nation, please use it wisely.

****Message from Aruj Samson (Prime-Minister)

We thank your nation for this economic boost, we must inform you this money, will most likely not fix the problem, It will help a substantial amount the Bohovian legistlative branches will provide the rest of the funds, so the moral is to give this process time to work do not expect results write away, Im sure you know seing as how you nation suffered through an economic crisis of there own. Thank you for the funds.

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We hope that our southern neighbours quickly recover from this crisis.

If necessary, we may intervene, for the time being, however, we will not, for now letting things go the natural path.

Luckily, the Saborian economy depended on only few good from Bohovia and the Great Lakes State, thus our economy is only tangentially affected.

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OOC: The title of your graph suggests that's supposed to be your GDP or something, but the axis is labeled 'total government funds', can you explain what it's representing?

OOC: This was the 1st time I did a graph so I might of made a minor screw up, but this just means ALL the funds the governemnt owns, so all taxes collected all money made, is shown in the graph.

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We hope that our southern neighbours quickly recover from this crisis.

If necessary, we may intervene, for the time being, however, we will not, for now letting things go the natural path.

Luckily, the Saborian economy depended on only few good from Bohovia and the Great Lakes State, thus our economy is only tangentially affected.

IC: We are convinced Bohovia will be able to get through this econmic troubles rather quickly within a month or so we should see recovering. We will be releasing an updated graph today or tommorow.

OOC: Should I delete the graph I have right now, and replace with a new one?, or just write **UPDATE* and put another graph (THE UPDATED ONE) beside it?

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As of now, it is a recession, although the situation is on the brink of becoming a depression, we also hope your nation will be able to pull out of the recession you are expirencing currently.

The root problem for us is not a recession, actually, but massive devastation by an attack from an unknown source. We are in the process of re-building--if this were not necessary, we would gladly do what we could to help Bohovia.

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The root problem for us is not a recession, actually, but massive devastation by an attack from an unknown source. We are in the process of re-building--if this were not necessary, we would gladly do what we could to help Bohovia.

We understand the problems why you are un-able to help, we hope your nation also recovers from these un-justly attacks and rebuilds the buildings, that were once attacked.

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****Message from Aruj Samson (Prime-Minister)

We thank your nation for this economic boost, we must inform you this money, will most likely not fix the problem, It will help a substantial amount the Bohovian legistlative branches will provide the rest of the funds, so the moral is to give this process time to work do not expect results write away, Im sure you know seing as how you nation suffered through an economic crisis of there own. Thank you for the funds.

We understand that you won't able to return the money and it will take time, but those money are to help your nation ride through the recession.

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