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Bill: Subsidy act of 3189

Details

Submitted by^[?]: Federal Republic Progressionist 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: July 3192

Description^[?]:

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 government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.

Proposed: The government subsidizes private enterprises that face bankruptcy.

These messages have been posted to debate on this bill:

Date	15:52:14, September 30, 2011 CET
From	Federal Republic Progressionist Party
To	Debating the Subsidy act of 3189
Message	We hope that every party supports. If we let businesses go bankrupt then we will have jobless citizens. That would devastate the economy and send more people out in the street. You might say that we shouldn't help a business that would fail but think about it. The economy depends on people spending money and they can't make money if the place they worked at has gone bankrupt. So then the economy would plummet and that would send other businesses under and it would have a giant cycle. This is why the government needs to provide subsidies to businesses that face bankruptcy. -Sam Kennedy, PSCP's financial advisor.

Vote

Seats

yes

Total Seats: 62

Total Seats: 336

abstain

Total Seats: 27

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