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Bill: Inefficient Industries Act
Details
Submitted by[?]: Imperial East Terra Company
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: June 3470
Description[?]:
| An Act to enhance efficiency within private industry. |
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 10:48:07, April 14, 2013 CET | From | Democratic Socialist Party | To | Debating the Inefficient Industries Act |
| Message | Since the IETC assumed power in Gaduridos, our GDP has fallen 3.6% and our deficit has grown from $12.565.232.145 to $364.410.287.077 (3050%) Where are the marvellous reforms that the IETC promised that would change our economy, and why the DSP should think this would make the situation better? |
| Date | 23:24:13, April 14, 2013 CET | From | Imperial East Terra Company | To | Debating the Inefficient Industries Act |
| Message | With any major reformation of the economy, there is likely to be a short period of pain while those changes take effect. That pain is a direct consequence of the socialist, big state, over-burdened bureaucracy of the Democratic Socialist Party. The privatisation of the economy and the changes to the tax code will create a more prosperous and efficient nation. The deficit figures quoted by the DSP are out of date and in fact the budget now stands at a surplus of over 20 billion GAD. |
| Date | 07:41:54, April 15, 2013 CET | From | Democratic Socialist Party | To | Debating the Inefficient Industries Act |
| Message | It's easy to say that now there is a surplus, when this has been achieved by reducing the national budget and not by increasing income. In addition, the last modification of the national budget has deepened the recession to a 5.98% decrease of the GDP. Your keep failing to keep up to your promises IETC. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 329 | |||
| no | Total Seats: 177 | |||
| abstain | Total Seats: 0 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: “Can anyone imagine a more perverse idea than forcing faithful Hosians like me to give away my money to enable irresponsible teenage girls to kill off their children because they were too drunk to use a damn condom?" - Dr. Francesca dos Santos, former Dranian politician |