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Bill: Economic Stimulus Bill of 4756
Details
Submitted by[?]: Democratic Party of Hutori
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: October 4756
Description[?]:
| Let us end the stagnative years of no progression in our economic system, our economic advisors ensure that the following proposal shall lead way for an Economic Boom. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is an entirely independent agency of the government.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 4
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Proposed: There is no provision for a minimum wage.
Article 5
Proposal[?] to change Positive discrimination.
Old value:: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Current: No form of positive discrimination is permitted.
Proposed: No form of positive discrimination is permitted.
Debate
These messages have been posted to debate on this bill:
| Date | 04:15:23, May 15, 2020 CET | From | National Progress Party | To | Debating the Economic Stimulus Bill of 4756 |
| Message | Mr. Speaker, Really? Do the unamed economic advisors of the Democratic Party of Hutori think these proposals will lead us into an 'Economic Boom''? Well, it is settled then, we shall proceed to make these huge alteration to our economic system on the base of absolutly no other arguments than ''some people think this is a good idea''. Seriously, ss this some kind of joke? -Amanda Barclay Minsiter of Finance MP of Aylesbury North |
| Date | 12:13:18, May 15, 2020 CET | From | Democratic Party of Hutori | To | Debating the Economic Stimulus Bill of 4756 |
| Message | Mr.Speaker I would like to point out that any member of parliament from the Democratic Party is miles ahead on Economic prowess then the NPP’s entire membership. Any respectable Economist will see our proposal to be part of a recipe for success, a recipe that we will make our nation taste once in government. Hon.Micheal Fleck Leader of the Democratic Party of Hutori Member of Parliament for Carter City East |
| Date | 13:00:27, May 15, 2020 CET | From | Green National Party of Hutori | To | Debating the Economic Stimulus Bill of 4756 |
| Message | Mr. Speaker, This bill has no basis in economic reality. Deregulation does no improve the health of the economy, it simply enriches bosses at the expense of the poor. More and more wealth will be concentrated at the top, while our economy suffers from instability and inequality. I must vote no on this bill! Aurana Bonneau Leader of the Green Democratic Party Member of Parliament for St. Adrian North River |
| Date | 18:02:16, May 15, 2020 CET | From |  Liberal Party of Hutori | To | Debating the Economic Stimulus Bill of 4756 |
| Message | Mr. Speaker While there are certain aspects of this Bill we do not agree with, we will note that Article 1, 2 and 5 were the Laws of the Land and with them as Laws, Hutori is considered one of the most powerful economic powers on Terra. That said, we can not agree with either Articles 4, in regards to the Minimum wage which has empowered the Hutorian worker with purchasing power and Article 3, which protected Hutorian companies from hostile foreign take overs. Hon. Rosalie Woodbury Leader of the Official Opposition MP for Acton Groomsbridge |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 76 | |||||
| no |
Total Seats: 269 | |||||
| abstain | Total Seats: 0 |
| Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
| Random quote: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch |