The Republic of IC-Water is a large, efficient nation, renowned for its public floggings, disturbing lack of elderly people, and spontaneously combusting cars. The hard-nosed, hard-working population of 56 million IC-Waterians are free to succeed or fail in life on their own merits; the successful tend to enjoy an opulent (but moralistic) lifestyle, while the failures can be seen crowding out most jails.

The medium-sized government prioritizes Industry, although Law & Order, Environment, and Defense are also considered important, while Spirituality and Welfare are ignored. Citizens pay a flat income tax of 15.7%.

The powerhouse IC-Waterian economy, worth 3.02 trillion Waters a year, is quite specialized and led by the Retail industry, with significant contributions from Pizza Delivery, Soda Sales, and Automobile Manufacturing. Black market activity is notable. Average income is 53,961 Waters, but there is a large disparity between incomes, with the richest 10% of citizens earning 215,847 per year while the poor average 9,060, a ratio of 23.8 to 1.

Sports journals are full of uplifting puff-pieces on professional boxers, people experiencing anaphylactic shock are told to buck their ideas up, rioting and unrest sweep the nation, and euthanasia is legal. Crime, especially youth-related, is a major problem, perhaps because of the country's complete lack of prisons. IC-Water's national animal is the Goldfish, which is also the nation's favorite main course.

IC-Water is ranked 78,261^st in the world and 1,542^nd in The North Pacific for Largest Gambling Industry, scoring 2,875 on the Kelly Criterion Productivity Index.