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Bill: The No Deficit Act
Details
Submitted by[?]: Progressive Social Liberty Party
Status[?]: defeated
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 2132
Description[?]:
| It should be the priority of any govt. to demonstrate fiscal responsibility let us make it illegal to deficit spend. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 01:41:53, October 28, 2005 CET | From |  United Socialist Front | To | Debating the The No Deficit Act |
| Message | Illegal to deficit spending? Is that not a little extreme? Assume that one year or some month a disaster occurs, or an economic crisis strikes or some such catastrophe... Should we not spend as much money as is necessary? Even if we must give a bit of a deficit, we can easily regain the losses later on... The government shall demonstrate fiscal responsability... but not to such a point that we would be avaricious in the spending of public monies. |
| Date | 02:31:06, October 28, 2005 CET | From | New Aldurian Conservative Party | To | Debating the The No Deficit Act |
| Message | We like the spirit of this law, but there should be an allowance for emergencies, be it a natural disaster or an economic crash or a war. With an exception for emergencies, to be decided by the General Assembly, we would be in favor of this. |
| Date | 03:00:58, October 28, 2005 CET | From | Aldurian Libertarian Socialist Party | To | Debating the The No Deficit Act |
| Message | Please allow some months before putting a bill to vote ... for the sake of the debate. I'm not against an anti-deficit law, provided there is some clauses to give some flexibility. The proposed resolution is not enough precise. OOC: In real life, my governement has one and that has not stopped the debt from increasing because there is loopholes :( |
| Date | 17:11:53, October 29, 2005 CET | From | Aldurian Communist Party | To | Debating the The No Deficit Act |
| Message | We cannot make deficit spending illegal. We have no way of knowing what events might occur in the future. We cannot doom ourselves by making deficit spending illegal, only to suffer a sudden downturn in the economy (OOC: I mean like on the level of the Great Depression). |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 0 | ||||
| no |
Total Seats: 258 | ||||
| abstain | Total Seats: 143 |
| Random fact: Players have a responsibility to differentiate between OOC (out-of-character) and IC (in-character) behaviour, and to make clear when they are communicating in OOC or IC terms. Since Particracy is a role-playing game, IC excesses are generally fine, but OOC attacks are not. However, players must not presume this convention permits them to harass a player with IC remarks that have a clear OOC context. |
| Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |