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Bill: Economic crisis act of 3552
Details
Submitted by[?]: Hobratsuri Komunisturi Partiis
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: August 3558
Description[?]:
| In case of crisis, we feel that the government should be able to save important industries – and jobs. It is a sound policy, especially if the industry would be otherwise healthy. More jobs equals more consumption equals a faster way out of the crisis. |
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: The government subsidizes private enterprises that face bankruptcy.
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:
| Date | 11:02:13, October 08, 2013 CET | From | Hobratsuri Demokratebis Kavshiri | To | Debating the Economic crisis act of 3552 |
| Message | Supporting individual failing businesses with taxpayer funds or through measures guaranteed by tax revenue is not only morally questionable, but would risk leading to situations where inefficiencies and uncompetitive industries are artificially allowed to avoid necessary adjustment. We think that it is better to continue non-interventionism in industrial policy. Tamaz Erdoshvili Minister of Trade & Industry |
| Date | 19:38:22, October 08, 2013 CET | From | Hobratsuri Komunisturi Partiis | To | Debating the Economic crisis act of 3552 |
| Message | It isn't necessary uncompetetive industries, rather ones failing during crisis but otherwise healthy. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 157 | |
| no | Total Seats: 218 | |
| abstain | Total Seats: 0 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." - Thomas Jefferson |