The Wafflecratic Founder State of 2nd Wafflecracy is a colossal, safe nation, ruled by Dio the Waffle King with an iron fist, and notable for its pith helmet sales, ubiquitous missile silos, and irreverence towards religion. The hard-working, cynical population of 4.227 billion 2nd Wafflecracyians are ruled by a mostly-benevolent dictator, who grants the populace the freedom to live their own lives but watches carefully for anyone to slip up.

The relatively small government juggles the competing demands of Defense, Law & Order, and Welfare. It meets to discuss matters of state in the capital city of Wafflecracy city. The average income tax rate is 10.3%.

The strong 2nd Wafflecracyian economy, worth 268 trillion Waffles a year, is led by the Arms Manufacturing industry, with major contributions from Information Technology, Uranium Mining, and Woodchip Exports. Average income is 63,458 Waffles, and evenly distributed, with the richest citizens earning only 3.2 times as much as the poorest.

Conscripts often volunteer for a second tour of duty so they can get a ticket to next year's Army Revue, unemployment is through the roof after the government enacted living wage laws, mums always ask their three-year-olds for permission before hugging them, and older citizens lament over the loss of law and order. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. 2nd Wafflecracy's national animal is the Waffle, which teeters on the brink of extinction due to widespread deforestation, and its national religion is Wafflecratism.

2nd Wafflecracy is ranked 135,562^nd in the world and 4^th in Wafflecracy for Most Developed, scoring 56.88 on the Human Development Index.