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Bill: [Trade & Industry] Economic Deregulations Act 5410
Details
Submitted by[?]: Conservative Party (Whigs)
Status[?]: passed
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: March 5412
Description[?]:
| Mr. Speaker, This government believes that we must keep a competative economy where we encourage people to work, to help people get a job and help businesses to not be drowned by regulations that cause them to lose our to foreign companies. We believe in our globalised economy, we believe in the free market. And thus we believe that these deregulations add to the economic producitivity of our nation. Steven Brown Secretary of Trade & Industry |
Proposals
Article 1
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Banks and financial institutions charge interest on loans and are regulated
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: Banks and financial institutions charge interest on loans and are unregulated
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 3
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Industrial hemp is illegal.
Current: There are no regulations on industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 4
Proposal[?] to change The government's stance on a salary cap.
Old value:: Local governments decide on salary cap laws.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 5
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 shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 461 | ||||
| no |
Total Seats: 189 | ||||
| abstain | Total Seats: 0 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "The problem is big government. If whoever controls government can impose his way upon you, you have to fight constantly to prevent the control from being harmful. With small, limited government, it doesn't much matter who controls it, because it can't do you much harm." - Harry Browne |