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Bill: Industrial Operations Act
Details
Submitted by[?]: Liberal Alliance
Status[?]: passed
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: May 3197
Description[?]:
We propose that government only invest in failing industries that provide vital goods or services because it puts enormous financial pressure on government to subsidise every failing private enterprise. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 450 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 0 |
Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
Random quote: "Capitalism demands the best of every man- his rationality- and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him." - Ayn Rand |