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Mainenomics

Sample of Mainenomics in practice

Mainenomics is the name given to the economic policies of Major Executive Nathan Maine, who advocated the necessity to put short-term fiscal welfare of the government (significant government deficits, large government debt) aside in order to attain long-term growth. It was derived from his work in economics and in naturalization science, which demonstrated the necessity for a large and lengthy utilization of government programs in order to achieve private sector and whole economic growth in the future. Maine theorized that it would take 2-3 years of extensive deficits and high government economic action in order to achieve permanent long-term economic success.

Mainenomics justifies government spending only in developing the economy early on so as to achieve the necessary foundation for a fully functioning and sustainable economy. For example, extensive government spending in recruitment is necessary in order to bring in a return of real recruits that will contribute to the growth of further recruits and the economy.

CriticismsEdit

Mainenomics was extensively criticized by more conservative politicians and economists who sought to reduce government spending and interference in the economy citing classical economic theory. A common argument to high debt and extensive government involvement is that the economy could not function at all if the government is encumbered by debt to the point where it may collapse. As such, a balance has been struck between both Mainenomic policies to invest here and now at the risk of future government fiscal hardship and conservative ideologies to reduce or improve the efficiency of government spending.

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