June 2009 Presidential Election: The Economy Unleashed

ECONOMIC PACKAGES RELEASED:
McVICKER GUARANTEES RESERVE, BUSINESS AND LAND - ALL ON HIM!
MONEY LAUNCHES A PRAYER FOR ADMIN TO CARRY HIS PLAN
MERRY TALKS UP SEARCH ENGINES

By BAILEY MOREVILLE
EDITORIAL PARTNER


President Dennis McVicker has literally put his money where his mouth is. With the McVicker strategic economic plan released it is certainly achieving its first goal - putting the presidential field on the back-foot.

The economy has been the single-greatest plague of the past two administrations and despite any positive gains there has been nothing that comes close to improving the timidity of spending.

Where the President has hit the ground running on understanding the monetary fluidity problem, fellow candidates - Linardist William D. Money, Independent Owen Merry and SDP nominee Matthew Ingebritson were called out to deliver their plans early.

While McVicker is barn-storming the electorate selling his plan, Money is yet to deliver any guarantees on whether or not his plan is at all possible. The second stage of the Bill Money economic agenda was released today, in which the candidate openly confessed the difficulties ahead.

"One of my opponents has challenged my ability to convince Admin to go along with my economic plan, and suggested I am making promises I cannot keep", he said.

"This same opponent asked, 'If this did pass how would that make the people who either earned money through hard work or the people who purchased money from Admin feel?' ".

"My 'Grow Titulia' plan to stimulate the Titulian economy is simple - infuse it with tollars, lots of them. My plan will not increase the size of government, as do the plans of my opponents".


Political strategist and TMG director T. J. Norton indicated his concern over Money's proposal as 'a map with no arrows'.

"Bill [Money] is talking big bucks - no question. But in an economy that depends on credit to boost individual capital gains this package is potentially dangerous".

"With the Reserve Bank set to come in eventually regardless, if citizens didn't have a sound model in place to capitalise on their investments the Money 'money' plan could nudge the early infection of inflation. Titulia's economy is barely off the ground at Day X do we really want to be fighting inflation on Day Y?"

"Interest rates - up, Fiscal gains - down. Let's be careful about this", cautioned Norton.


But Mr Norton stopped short of mass panic saying that the Administrator would never support a flood on the market.

"The system was designed for two reasons. First, for citizens to have the opportunity .. and I stress that word .. 'opportunity' to earn money. Secondly, as a starting block to a financial system to evolve of its own accord through government and citizen-led investment alike".

"Sticking a 'for sale' sign on the national purse undermines this plan and will cause insurmountable chaos on the open market. What do we have to spend our money on? A newspaper? A graphic design? Outside of that we have virtually nothing tangible that can be turned around quickly enough for business to maintain a steady profit", Norton concluded.


The McVicker strategic direction carefully targets three areas of national attention: Establishment and operation of a Reserve Bank, Business growth and Land development.

Outlined in his blog, the President committed to putting up T$500.00 of his own money for the creation of the Reserve Bank.

The President also committed to injecting T$250.00 of his own money for business grants. The grants will be for an amount of up T$50.00 each for any new business created that generates a profit of T$50.00 within the first two months of operation. The owner must apply of the grant after meeting this requirement.

The largest commitment will be donating T$500.00 out the President's own pocket for land grants to new citizens that meet activity requirements. The land grant will be for the amount of T$25.00 with the stipulation that they acquire a mortgage for the remainder. The activity requirements will be that they post at least five times a week for two weeks in either their blog, the forum, or vote and/or create a proposition.


Meanwhile, Independent candidate Owen Merry has called on the Internet to increase financial activity in what he refers to as a "slight" plan.

"Attempts have been made to increase immigration to Titulia, like financial incentives to citizens to promote Titulia. This hasn't exactly failed, but isn't working as well as planned. So I have up come up with a slight plan to use marketing tools, to increase immigration. Mostly Search Engine Optimisation", Merry said in his press release.

The Ingebritson economic model will be revealed when the Herald sit down in their exclusive with the Social Democratic candidate.