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Bill: Economic Interference Act
Details
Submitted by[?]: Holy Eliyahu Confession
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 2646
Description[?]:
| a bill to end the governments policy of forcing itself on the market. Market factors are more effective in responding to economic situations than an overblown national government can ever hope to be, and our laws and practices should reflect that. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 23:06:04, October 02, 2008 CET | From | The Liberal Party | To | Debating the Economic Interference Act |
| Message | Any factual evidence for this claim: "Market factors are more effective in responding to economic situations than an overblown national government can ever hope to be, and our laws and practices should reflect that?" |
| Date | 01:40:44, October 03, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Economic Interference Act |
| Message | basic economics. the market is more efficient than the government. |
| Date | 01:52:36, October 03, 2008 CET | From | The Liberal Party | To | Debating the Economic Interference Act |
| Message | That tells us nothing. It is simply an opinion and while we respect your opinion, it is simply that, an opinion. Is there any factual evidence that rescuing failing industries is bad for the economy or the market? |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 96 | ||||
| no |
Total Seats: 22 | ||||
| abstain | Total Seats: 32 |
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