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Bill: Economic Stimulus Act
Details
Submitted by[?]: Nrzi Prta (Democratic Party)
Status[?]: defeated
Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: October 2732
Description[?]:
| The Democrat Party propose to adjust the government's spending budget to better address the economic and social situation of the Pontesian Dynastic Empire. As our GDP is one of the lowest in Majatran, I propose we increase a spending on trade and industry and start cutting out our defence budget which make more then 50% of our current budget. I also propose start nationalizing falling industry to protect our economy as it is clear that full socialist or capitalist don't work, but a combining economy is the key. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 2
| Ministry | Current Budget | Old Budget | Propesed Budget |
| Head of Government | 12,000,000,000 PON | 2,000,000,000 PON | 2,000,000,000 PON |
| Foreign Affairs | 28,000,000,000 PON | 3,000,000,000 PON | 3,000,000,000 PON |
| Internal Affairs | 350,000,000,000 PON | 17,500,000,000 PON | 17,500,000,000 PON |
| Finance | 50,000,000,000 PON | 10,000,000,000 PON | 30,000,000,000 PON |
| Defence | 90,000,000,000 PON | 425,000,000,000 PON | 400,000,000,000 PON |
| Justice | 0 PON | 20,000,000,000 PON | 20,000,000,000 PON |
| Infrastructure and Transport | 100,000,000,000 PON | 30,000,000,000 PON | 30,000,000,000 PON |
| Health and Social Services | 0 PON | 50,000,000,000 PON | 50,000,000,000 PON |
| Education and Culture | 0 PON | 50,000,000,000 PON | 50,000,000,000 PON |
| Science and Technology | 80,000,000,000 PON | 30,000,000,000 PON | 30,000,000,000 PON |
| Food and Agriculture | 0 PON | 40,000,000,000 PON | 40,000,000,000 PON |
| Environment and Tourism | 0 PON | 2,000,000,000 PON | 2,000,000,000 PON |
| Trade and Industry | 60,000,000,000 PON | 50,000,000,000 PON | 100,000,000,000 PON |
| Total | 770,000,000,000 PON | 729,500,000,000 PON | 774,500,000,000 PON |
Debate
These messages have been posted to debate on this bill:
| Date | 13:31:15, March 15, 2009 CET | From |  One Nation Conservative Party | To | Debating the Economic Stimulus Act |
| Message | At a time where the Jews threaten our nation, we should not seek to reduce expenditure on Defence. Nor can we agree with your plans regarding nationalisation of failing industries - Pontesi has been free market for almost its entire history and has benefitted greatly from such policies. |
| Date | 15:47:20, March 15, 2009 CET | From | Nrzi Prta (Democratic Party) | To | Debating the Economic Stimulus Act |
| Message | We are willing to compromise by removing the nationalization, but ask for the ONCP support in a minor cut on defence budget. |
| Date | 11:17:25, March 17, 2009 CET | From | One Nation Conservative Party | To | Debating the Economic Stimulus Act |
| Message | Finance is merely the department which organsies tax returns - it could get a 5 billion PON increase with defence unaffected. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 92 | |
| no | Total Seats: 162 | |
| abstain | Total Seats: 146 |
| Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
| Random quote: "I never dared to be radical when young. For fear it would make me conservative when old." - Robert Frost |