Kalistani Major History

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Conservatives Abolish National ServiceNational Industries take a Dive in Kalsie
Kaliburg Ananto
10 October 4455


Investors rush to divest in National Industries as Conservatives Eliminate Half the Labor Market in One vote

"This is the disgusting result of neophyte government in Kalistan."  Were the only words offered by the President of the Republic as the Conservative Government under Premier Maddie Kendall joined with the so-called "Reform Party" to abolish half of the labor Market in a single vote.

The vote, known as the "National Service Abolition Act of 4454" took effect in April of this year.  By early May the effects were obvious.  The result of the bill was the ending of the National Service Program, and suddenly 8.5 million 22-26 year olds flooded into the job market.  The act also had the effect of essentially eliminating the Public Sector in Kalistan.  Effects in the Kalsie were immediate:  Nationalized Industry Stocks dropped through the floor, and all nationalized industry, including oil, natural gas, steel, fabric, drug and pharmaceutical production has virtually ceased since May.  Additionally, the bureaucracy, which had been entirely staffed by the NSP, as well as schools, libraries, national Bank branches, universities, and infrastructure maintenance has ceased to function.

Leading Kalistani economist Frederick Everett said this:  "We have once more entered recession, as we have now passed a quarter of negative economic growth.  We have no police on the streets, schools and government offices are closed, and nothing is working.  We are already seeing shortages throughout the economy in everything from fuel and therapeutic drugs to clothing and road maintenance.  Luckily we are not a crime prone society, but the lack of public sector workers of any sort will be felt for years."

"Abolition of the National Service Program without any sort of corresponding effort to privatize anything but media, or even prepare for any reprocussions to a society which was based on equal parts public and private sector functions shows that Conservatives lack even the slightest appreciation for anything beyond their own tunnel vision ideology," said Foreign Minister George Foreal, the highest ranking Socialist in Government.  "The President of the Republic has asked for the Socialist Party's Ministers to resign from the Government, and we have agreed.  We cannot possibly serve with these destroyers."

The Kalsie Index has gone from a high of 152 in Early April to 83 in October.  The Kalistani Economy is in shambles, and the fault lay at the feet of the Conservative Government.