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Bill: Social Security Act

Details

Submitted by[?]: LibCom Party

Status[?]: defeated

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: December 2130

Description[?]:

Our citizens are entitled to a decent standard of living, regardless of whether enough work is available.

Proposals

Debate

These messages have been posted to debate on this bill:

Date01:31:20, October 19, 2005 CET
FromLibCom Party
ToDebating the Social Security Act
MessageSince we now have a generous minimum wage, increasing the guaranteed minimum income will in no way deter people from working. Also, the increased consumption will boost our economy, leading to more investment and more jobs.

Date20:03:43, October 19, 2005 CET
FromMalivia Democratic Party
ToDebating the Social Security Act
MessageHow will this be paid for?

Date02:03:31, October 20, 2005 CET
FromLibCom Party
ToDebating the Social Security Act
MessageThat question must of course be addressed to minister Frie. However, the Head of State's department seems rather bloated. And of course we've already mentioned the boost to the economy this would cause.

Date04:14:10, October 20, 2005 CET
From Protectorate Party
ToDebating the Social Security Act
MessageWe feel this plus the min wage law will lead to rampant inflation.

Date18:48:20, October 20, 2005 CET
FromMalivia Democratic Party
ToDebating the Social Security Act
MessageYou know..

I'm going to vote against this, because when pressed for a cost estimate of this bill to the Malivian government, the Libcom ducked the question and referred it to the HOS, who didn't propose this bill.

I agree with the Libcom on one issue...this bill being a boost. Except it is going to boost spending exponentially, and result in one of two things.. extremely high taxes, or alot of borrowing to pay for this.. both of which are not in this nations best interest.

So yes, this bill, as the PP stated, will lead to inflation.


Date00:42:45, October 21, 2005 CET
FromLibCom Party
ToDebating the Social Security Act
MessageWe referred the question (of how this will be financed) to the Finance Minister, not the HoS.

As to inflation: it's not always a bad thing. In this case, government spending and consumption expenditure will increase, thus increasing aggregate demand, and hence leading to economic growth and inflation. The economic growth will lead to a reduction in unemployment, and hence a reduction in government spending on social security, and it'll all level out again.

So the short-term spending will lead to significant gains in the long term.

Date04:32:14, October 21, 2005 CET
FromSocial Republican Party
ToDebating the Social Security Act
MessageIf there is not enough work availible, our government should buy up the excess workforce for extra government projects.

Date02:24:55, October 24, 2005 CET
FromLibCom Party
ToDebating the Social Security Act
MessageIf there are government projects for people to work on, the yes, of course we should employ them. That, however, is a seperate issue.

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Voting

Vote Seats
yes
 

Total Seats: 21

no
     

Total Seats: 214

abstain
  

Total Seats: 66


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