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Bill: RP Law (50+1 Majority) - Proposals over the Economy, the Williams-Blum Proposals for the Strengthening the Luthorian Economy
Details
Submitted by[?]: Conservative Party (Hardliners)
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: August 5312
Description[?]:
| The principle reason in the failure of small businesses and start-up companies in the nation is due to the lack of government assistance in the form of direct funding. Usually, when an individual has an idea and wishes to bring it to a practical sense, a usual limiting factor comes in the form of finances. Some small businesses do not have the financial assets necessary to continue in the market and compete with others who have been placed in "better positions". 1. Access to Capital. The Startup Stimulus Programme offers three options in which startup companies can obtain access to capital within the market. (i). Venture Capital Funds :- General Partners raise a fund from a set of Limited Partners. Then, the General Partners invest the money from that fund into an individual's startup company. (ii). Direct Government Subsidy: - The government encourages companies to develop innovative products. For example, through a tax benefit, innovation credit or a subsidy. Through making additional money available to startup companies, it increases the chances for startup companies to receive larger amounts capital. Through the Luthorian Developmental Bank (LDB), financial resources could be allocated. (iii). Crowdfunding: - Crowdfunding is the process of getting a large crowd of people to pay a small amount of money to invest in an idea or product, with the promise that when said idea comes to fruition, they will get first access to it. 2. Access to the Market As a company moves forward with its development, it is essential that is does not remain within the borders of the nation but expand to regional and international markets. (i). Beginners Voucher Programme: - The government will sponsor upcoming companies wishing to expand into the foreign market through advisement in which business owners sit down with an economics adviser from the government in an attempt to form a road plan that will ensure stability of said company as it moves into the foreign market. 3. Skills and Talent In order for a company to grow, development cannot happen through the efforts of one single person. Only through the efforts of a well organised staff, could the development of your company be championed. (i). Vocational Training: - The government has made provision for companies to negotiate with schools on a vocational training system. Students within the secondary education category are eligible to obtain training from companies to move into their respective fields of choice. In exchange for educating students on how it is to work within the nation's workforce, companies tend to benefit greatly in the form of experienced workers. (ii). Job Finding Website: - Throughout the nation, the government has promote the formation/conceptualisation of high level recruitment offices aimed at ensuring specialised individuals necessary for your company are found. This is a normal law, as such it can be passed, amended and abolished with a 2/3 majority by the House of Commons. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 07:11:41, January 21, 2023 CET | From | Luthorian Labour - Progressive Wing 🛑 | To | Debating the RP Law (50+1 Majority) - Proposals over the Economy, the Williams-Blum Proposals for the Strengthening the Luthorian Economy |
| Message | Mr. Speaker I believe these interesting proposals, while they are sound and could be a valuable boost to our economy, should not be implemented until the cabinet negotiations are completed and a Chancellor of the Exchequer has been selected, in which case they can implement them. Cassie Pierce Candidate for Chancellor of the Exchequer |
| Date | 15:10:19, June 04, 2023 CET | From | Course of Freedom (Kellins faction) | To | Debating the RP Law (50+1 Majority) - Proposals over the Economy, the Williams-Blum Proposals for the Strengthening the Luthorian Economy |
| Message | Ladies and gentlemen, I rise today to express my deep concerns regarding the proposed law that claims to address the challenges faced by small businesses and start-up companies. While the intention behind this law may seem noble, I believe it fails to provide the necessary solutions and overlooks key issues at hand. The principle reason for the failure of small businesses and start-ups lies not solely in the lack of government assistance, but in the broader economic landscape that perpetuates inequality and favors established players. By focusing solely on providing direct funding, we fail to address the root causes that hinder the growth and success of small businesses. Access to capital is undoubtedly crucial for the development of start-ups, but we must acknowledge that this proposed law offers limited options. Relying solely on venture capital funds and direct government subsidies neglects the need for a more comprehensive and inclusive approach. We must explore alternative avenues, such as community financing and cooperative models, that allow individuals to invest in promising ideas and share the risks and rewards collectively. Moreover, access to the market is not solely about expanding into foreign markets. We must also address the challenges faced by small businesses in competing domestically. The proposed law falls short in providing strategies to level the playing field and tackle unfair market practices that disadvantage smaller enterprises. We need comprehensive regulations and enforcement mechanisms to ensure fair competition and create an environment where start-ups can thrive. Skills and talent are vital for the success of any business, and vocational training is a step in the right direction. However, we must go beyond just encouraging companies to negotiate with schools. We need a robust and accessible education system that fosters creativity, critical thinking, and entrepreneurship from an early age. It is crucial that we invest in comprehensive educational programs that equip individuals with the necessary skills to succeed in the ever-evolving job market. Additionally, the proposed job finding website is a commendable effort, but it falls short in addressing the systemic issues that perpetuate unemployment and underemployment. We need comprehensive labor market reforms that promote fair wages, job security, and worker rights. By tackling these issues, we create an environment where companies can attract and retain skilled workers, leading to sustainable growth and development. In conclusion, while the proposed law may seem like a step in the right direction, it fails to address the core issues hindering the growth and success of small businesses and start-ups. We need a comprehensive approach that addresses inequalities in the economic landscape, promotes fair competition, invests in education and skills development, and ensures stability and support for aspiring entrepreneurs. Let us not settle for a mere token law. Let us work together to create an environment where all businesses, regardless of their size, have an equal opportunity to thrive and contribute to our nation's prosperity. Thank you. Janet Monclair, Financial expert of the Socialists. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 411 | |||
| no | Total Seats: 129 | |||
| abstain |
Total Seats: 40 |
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