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Bill: Wachstumsstablisierungsgesetz, 3612
Details
Submitted by[?]: Liberale Volkspartei
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 3613
Description[?]:
| Herr Präsident, in order to lastingly maintain the high growth rates we currently enjoy, we should continue to reduce regulation and government interference in the marketplace. Harald Matsuyama, MdR LVP-Budenlar Finanzminister |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is fixed by the government.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 2
Proposal[?] to change The government's stance on a salary cap.
Old value:: Labour unions and organizations of employers negotiate a salary cap.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 3
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Current: Sales of recreational drugs within the nation are prohibited by the law.
Proposed: Sales of recreational drugs is completely unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 14:46:43, January 26, 2014 CET | From | Hosianisch-Demokratisches Verbund | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, If Herr Matsuyama were to split the liberalisation of salary cap laws from the bill, he would have the support of my party. As the House might be well aware, we still believe that there's no harm in a salary cap if both parties involved, represented by their peak organisations, negotiate one. That's corporatism in action - it has worked for centuries and it will continue working for us as an important part of our consensual economy. shr. ehrw. Janna Goddestreu, MdR (HDV - Phönix Schlossviertel) Klubobfrau |
| Date | 14:48:25, January 26, 2014 CET | From | Hosianisch-Demokratisches Verbund | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Obviously, Herr Präsident, we are also none too keen on removing all regulation from the recreational drugs market. That would unleash a force that is socially disruptive and might pose a serious risk to public health. Janna Goddestreu |
| Date | 15:07:25, January 26, 2014 CET | From | Liberale Volkspartei | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, a consensual economy and mild forms of corporatism make sense to make sure wages for those at the bottom are satisfactory. But capping the income of those at the top produces no measurable benefits, neither personally for any of the parties involved nor in a bigger economic picture. That's why we wish to abolish salary caps altogether. Harald Matsuyama, MdR LVP-Budenlar Finanzminister |
| Date | 15:12:48, January 26, 2014 CET | From | Hosianisch-Demokratisches Verbund | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, In times of economic plenty, Herr Matsuyama might be right that salary caps for top incomes make no sense. But when things get difficult, forcing negotiations on a salary cap means an impulse for businesses to be socially responsible. Herr Matsuyama, economically educated as he is, no doubt operates on self-interest as a driving factor. This is one of those areas where self-interest can work against the common good instead of in favour of it. By means of the salary cap negotiations, we ask businesses to consider whether their top pay rates are worth more to them than the jobs which have to be made redundant to maintain these salaries in a downturn. That is a consideration, Herr Präsident, much though I admire most of our big businesses, that might not come up in all big businesses without the provision as it stands. shr ehrw. Janna Goddestreu, MdR (HDV - Phönix Schlossviertel) Klubobfrau |
| Date | 16:32:52, January 26, 2014 CET | From | Liberale Volkspartei | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, we comprehend the moral reasoning behind salary caps, but we don't think corporate social responsibility can be improved by restricting executives' salary. This might be of symbolic significance to some on the HDV benches, but counteracts our belief as Liberals that the marketplace in itself is a morally legitimized sphere, as it is based on the legitimacy of private property, voluntary exchange and private autonomy. The capitalist market economy translates self-interest and profit-driven entrepreneurial activity into a net gain for the general public. It does not require additional government-imposed regulations to justify its moral foundation. Harald Matsuyama, MdR LVP-Budenlar Finanzminister |
| Date | 16:40:09, January 26, 2014 CET | From | Hosianisch-Demokratisches Verbund | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, As evidenced by my example of big business during an economic downturn, the market can fail to deliver a net gain to the general public. The morally right choice when faced with a choice between making employees redundant to cut costs or cutting your own salary to do so because of an economic downturn or crisis is, I believe not even Herr Matsuyama disputes that, the latter. The pure self-interest presumed by economic models would lead to a default on the former choice. Herr Matsuyama knows I am not opposed to the free market. I do, however, caution against market triumphalism of the kind he is espousing. In meeting the material needs of society, the market may well deliver the net gain he presupposes in the long run. Adding immaterial considerations, such as our belief in the value of having a job (Arbeit adelt, as they say), to the equation yields a different picture. That is why we will remain committed to salary caps. shr. ehrw. Janna Goddestreu, MdR (HDV - Phönix Schlossviertel) Klubobfrau |
| Date | 20:31:35, January 26, 2014 CET | From | Liberale Volkspartei | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, Frau Goddestreu is constantly talking about economic downturns, yet this is a bill that aims to maintain our current upward trend. If businesses start to struggle, the vast majority of them will take the right decisions for themselves, without governmental guidance. It is not fair to impose general salary caps on them as a sort of pre-emptive penalty for their supposed unjust behavior when they start to face problems. Harald Matsuyama, MdR LVP-Budenlar Finanzminister |
| Date | 20:38:44, January 26, 2014 CET | From | Hosianisch-Demokratisches Verbund | To | Debating the Wachstumsstablisierungsgesetz, 3612 |
| Message | Herr Präsident, I may be a mere historian and Herr Matsuyama a self-made economist, but I was unaware that there was now a theory of the business cycle without recession. If he has indeed discovered the means to abolish recessions by deregulation, then I must commend him and nominate him without delay for the Nobel Prize for Economics! shr. ehrw. Janna Goddestreu, MdR (HDV - Phönix Schlossviertel) Klubobfrau (OOC: This is an attempt at inserting some of the Goddestreu personality, including the ironic wit, in a more combative Janna-ish way) |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 201 | |
| no | Total Seats: 249 | |
| abstain | Total Seats: 193 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "A dictatorship is a country where they have taken the politics out of politics." - Sam Himmell |