ECONOMIC RESCUE ACT PASSES

The legislature has passed the “Back on Track Act,” which is estimated to boost the economy by 65%. However, the contents are temporary so it is unclear whether this will result in long-term stability. The bill, pushed by Conservatives, significantly deregulates big businesses. This isn't the type of legislation that Conservatives pledged to pass, major tax breaks and less government spending. To accommodate the Liberals and Populists, funding has been diverted from Law and Order to Welfare (Populists) and Environmental Protection (Liberals). Libertarians, despite projected contentedness, are the big losers here. While they are happy at the deregulation, the Conservatives get credit for pushing the bill and, since the average income increased, the total government intake increased, meaning more government spending. Regardless, the economy has been boosted and we will see if it lasts.