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Bill: Get Governmnet Out of Business Act
Details
Submitted by[?]: Rightist Party
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: September 2248
Description[?]:
| This act will get the government out of business. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 09:51:17, June 26, 2006 CET | From | One Nation Socialist Party | To | Debating the Get Governmnet Out of Business Act |
| Message | the ONCP would like to ask why the honourble members feel it necesssary to take away the safeguards for our eceonomy such as these. This is an attack on the stability of our industries and we shall do all in ourpower to repel it |
| Date | 10:13:24, June 26, 2006 CET | From | Greenish Liberal Democratic Socialists | To | Debating the Get Governmnet Out of Business Act |
| Message | What ONCP said. :-) |
| Date | 16:35:20, June 26, 2006 CET | From | Rightist Party | To | Debating the Get Governmnet Out of Business Act |
| Message | Because its called *gasp* FREE ENTERPRISE |
| Date | 06:58:23, June 27, 2006 CET | From | Federal Conservatives | To | Debating the Get Governmnet Out of Business Act |
| Message | Amen to this bill let me be first in line to sign it |
| Date | 07:01:44, June 27, 2006 CET | From | Federal Conservatives | To | Debating the Get Governmnet Out of Business Act |
| Message | by the way [quote]necesssary to take away the safeguards for our eceonomy such as these. This is an attack on the stability of our industries[/quote] If an industry is viable only because of govt subsidies, is it a viable business? and just how "stable" is this business that requires the dole to survive? How can we compete on a global scale with such practices in place??? |
| Date | 12:41:51, June 27, 2006 CET | From | fiodor Party | To | Debating the Get Governmnet Out of Business Act |
| Message | we are talking about business that provide vital goods or services, not every business... |
| Date | 12:43:30, June 27, 2006 CET | From | Greenish Liberal Democratic Socialists | To | Debating the Get Governmnet Out of Business Act |
| Message | That's not completely true. Ever heard of the "infant industry argument"? Some industries which are in their baby shoes, making them vulnerable compared to foreign companies, could make a valuable asset in future, so they deserve to be protected. |
| Date | 14:56:45, June 27, 2006 CET | From | Federal Conservatives | To | Debating the Get Governmnet Out of Business Act |
| Message | So for every restaraunt and every babysitting service and every fly by night company, we prop them up with govt funding? By funding these "infant" businesses you are unfairly hurting the more established businesses they try to compete with. And just whom is going to determine what business is "vital" and what ones are not? This smells like corruption waiting to happen. If a company needs help, the govt MIGHT want to give them a loan to throw money at a flailing business is never a good idea |
| Date | 15:09:49, June 27, 2006 CET | From | fiodor Party | To | Debating the Get Governmnet Out of Business Act |
| Message | if there is only one company that provide energy should the government let that company face the bankruptcy? |
| Date | 16:13:08, June 27, 2006 CET | From | Patriot Party | To | Debating the Get Governmnet Out of Business Act |
| Message | We support the bill. |
| Date | 18:43:57, June 27, 2006 CET | From | Federal Conservatives | To | Debating the Get Governmnet Out of Business Act |
| Message | An energy company is a poor example as a government allowed monopoly it is regulated and controled. As such, said company would not find itself in that position. You are now talking apples and oranges. |
| Date | 16:42:37, June 28, 2006 CET | From | fiodor Party | To | Debating the Get Governmnet Out of Business Act |
| Message | is not a great example but there are some businesses that the government canīt let just face bankruptcy. the government donīt will nationalize every failing industrie, this is a safeguard important to our economy. |
| Date | 00:24:12, June 29, 2006 CET | From | Greenish Liberal Democratic Socialists | To | Debating the Get Governmnet Out of Business Act |
| Message | "So for every restaraunt and every babysitting service and every fly by night company, we prop them up with govt funding?" No, that's totally ridiculous, I did not say that. OOC: In Asia, some countries succesfully applied this infant industry argument. They protected some industries that were still in their baby shoes, so they weren't immediately crushed by the excisting manufacturers, but they quickly became more competitive (eg Taiwan, Korea). But there're others too. Argenina for example went crazy, and started protecting their entire economy. And that's a bad idea! This turned a reasonable modern country (in the '50s) to a third world country (by the 70's). |
| Date | 20:40:20, June 30, 2006 CET | From | One Nation Socialist Party | To | Debating the Get Governmnet Out of Business Act |
| Message | competition for the established companies surely forces them to be more efficient and competitive. Also the more companies in a market the lower the prices are for people and living standards can rise. |
| Date | 20:40:49, June 30, 2006 CET | From | One Nation Socialist Party | To | Debating the Get Governmnet Out of Business Act |
| Message | so we oppose |
| Date | 23:45:02, June 30, 2006 CET | From | Patriot Party | To | Debating the Get Governmnet Out of Business Act |
| Message | Why should we prop up businesses that are failing? That goes beyond good economic sense. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 241 | |||
| no | Total Seats: 258 | |||
| abstain | Total Seats: 0 |
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