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Bill: National Economic Contingency Bill, 2145
Details
Submitted by[?]: National Fiscal Group
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: October 2147
Description[?]:
| Recognising Kalistan's current lack of a plan in the event of an economic crisis, this bill permits the government to grant subsidies to large or important national industries whose continued success is deemed to be in the national interest. |
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Debate
These messages have been posted to debate on this bill:
| Date | 13:52:00, November 25, 2005 CET | From | Ecotopian Party of Kalistan | To | Debating the National Economic Contingency Bill, 2145 |
| Message | If businesses are going to fail, they should be allowed to fail. You want to wipe out welfare for human beings and give it to companies instead. The only time the government should intervene in this type of market is if the business is providing vital products or services. At that time, the government should take it over, not reward the incompetent idiots who ran such a potentially profitable enterprise into the ground. |
| Date | 17:14:19, November 25, 2005 CET | From | National Fiscal Group | To | Debating the National Economic Contingency Bill, 2145 |
| Message | "If businesses are going to fail, they should be allowed to fail" Not when it means the nation will be deprived of a vital service, be it transport, communications, water, electricity, and so on. And not when the industry's collapse so profoundly affects the nation's economy and it's future that a few little subsidies to tide the industries over would be a much less painless option. In any case, lack of economic security drives away potential investors to more competitive nations. This could bring into Kalistan much wealth that it would not otherwise acheive. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no | Total Seats: 130 | |||
| abstain | Total Seats: 0 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "Law is mind without reason." - Aristotle |