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Bill: Minimum Wage Bill
Details
Submitted by[?]: Okono 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: June 2251
Description[?]:
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Proposals
Article 1
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There is no provision for a minimum wage.
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:
| Date | 17:04:20, July 04, 2006 CET | From | Federalists Party | To | Debating the Minimum Wage Bill |
| Message | We oppose. The government should not be involved in artifical wage increases. This strikes at the very heart of the free market system. |
| Date | 23:13:32, July 04, 2006 CET | From | Okono Party | To | Debating the Minimum Wage Bill |
| Message | So you're saying it's better to let people be unfairly paid as long as we have a free market system? People deserve the right to decent pay so they can adequately live as a single person. |
| Date | 17:27:23, July 05, 2006 CET | From | Federalists Party | To | Debating the Minimum Wage Bill |
| Message | Who defines what is an unfair wage? |
| Date | 19:48:22, July 05, 2006 CET | From | Okono Party | To | Debating the Minimum Wage Bill |
| Message | Unfair would be what is happening in China right now; people getting paid 10 cents an hour or whatever. |
| Date | 18:08:25, July 07, 2006 CET | From | Federalists Party | To | Debating the Minimum Wage Bill |
| Message | Well first, China does not have an entirely free market system (though it is far more open than the Soviet Union ever was). Secondly the people do not get 10 cents an hour. They do get a much smaller wage compared to those working in Japan or the United States, however it is in line with their local economy. As their economy grows and more jobs are created, competition and the labor market will cause wages to rise (which is already happening, which is why companies are moving to South America and Southeast Asia). The market causes wages to rise based on their value. If the government was to arbitrarily set wage controls based on popular opinion, this causes job stagnation and economy shrinkage. We must vote no. |
| Date | 18:26:41, July 07, 2006 CET | From | Better Tomorrow Party | To | Debating the Minimum Wage Bill |
| Message | There is absolutely no evidence that a minimum wage harms employment or economic growth. This has been thoroughly demonstrated to the satisfaciton of the vast majority of economists. The next generation of economic textbooks will reflect this, according to Joseph Stiglitz, Nobel Laureate and author of one of the most commonly used introductory economics texts. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 0 | |||
| no |
Total Seats: 500 | |||
| abstain |
Total Seats: 0 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "Morality is simply the attitude we adopt towards people whom we personally dislike." - Oscar Wilde |