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Bill: Let's Give Rutanians A *Job* Act

Details

Submitted by[?]: Capitalist Working Families

Status[?]: passed

Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.

Voting deadline: October 3551

Description[?]:

Dear Distinguished Members of the Parliament:

First and foremost, please *note* that the Capitalist Working Families Party received the *largest* gain of seats than *any* other party in this body at an unbelievable *56* seats, or *9.22%*. Therefore, this means that our Party's message of tax cuts and lower spending to encourage private-sector investment spending is resonating with the People of Rutania:

cf. http://classic.particracy.net/viewnews.php?after=18600&before=18612&nation=6

Thus, we are simply proposing an across-the-board tax cut for the People at *10%*. in order to proportionately *balance the budget*, we must reduce overall government spending by about *59%*. The justifications for such a sharp decrease in government expenditures are the following:

(1) (a) As of the current State of the Economy, our *Investment Component* of Rutania's Gross Domestic Product (GDP) is a measly *12.27%*:

cf. http://classic.particracy.net/budget.php?nationid=6

(b) Economists in the Commonwealth of Rutania are *uniformly* in agreement that when the Government increases spending, it *crowds-out* Private-sector *investment* which will create high-paying *jobs* for the Rutanian People.

cf. http://en.wikipedia.org/wiki/Crowding_out_(economics)

(c) For example, allow us to explain this situation using a simple analogy: if there is a total of 10 RUT in the entire economy, and 7 RUT is driven by Consumption with Government spending amounting to an astronomical 2 RUT, then that means that the Private-Sector *only* has 1 RUT to spend on *Job Growth* and *Investment*.

(d) Therefore, we are simply proposing that if we were to *reduce* the Government portion of GDP from 2 RUT by 59%, that will *increase* the *Investment* component of GDP by an extra 1.18 RUT thus increasing Rutania's total investment by an astronomical *118%* (or more than *double*, or about *24%* instead of "12.27%").

(2) When politicians campaign for office, all they ever do is "promise" to "create jobs" for the people, but they *never* give a detailed plan on *how* to create those jobs in the private sector. The *truth* is if we radically reduce Government spending, it will increase the *Investment* component of Rutania's GDP. Let's just give it a try.

----Brian A. Mayfield, Minister of Health and Social Sciences

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
   

Total Seats: 289

no

    Total Seats: 0

    abstain
       

    Total Seats: 266


    Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map.

    Random quote: "You can't get rid of poverty by giving people money." - P. J. O'Rourke

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