Labor and Economic Reform Act of 2012
Rationale
These reforms modernize outdated and excessive restrictions, boosting economic growth and encouraging innovation while continuing to ensure fair labor standards and sustainable retirement policies for all.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign ownership limited to commercial property only; residential banned
|
No restrictions on foreign land purchases
|
|
| 2 | Minimum Wage Policy |
Maximum wage cap (no one may earn more than 10x the lowest-paid worker)
|
Basic minimum wage
|
|
| 3 | Retirement Age Policy |
Retirement at 50
|
Retirement at 60
|
1
Foreign Land Ownership2
Minimum Wage Policy3
Retirement Age PolicyProposer
Party
Liberal Modernist
A centrist, technocratic party. We work to build a bright future for free minds through reason, innovation and competition.
Core pillars
Ethan Pearson
Activist · Age 57
A charismatic policy wonk with a working-class upbringing, Ethan Pearson combines academic rigor and grassroots passion, using his analytical mind to bridge the gap between intellectual ideals and practical solutions.
Timeline
-
Draft31 July 2012
-
Vote Open31 July 2012
-
Vote Closed29 September 2012
-
Became Law29 September 2012
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
PassedFor: 34 / 100 seats (34.0%)
Against: 6 · Abstained: 0 · Not voted: 60
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Modernist Proposer | 34 | Yes | No reason given |
| Progressive Movement For Columbia | 0 | Yes | No reason given |
| Solidarity | 6 | No | No reason given |
| Empty seats | 26 | Not voted |
House of Representatives
PassedFor: 147 / 435 seats (33.8%)
Against: 24 · Abstained: 0 · Not voted: 264
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Modernist Proposer | 147 | Yes | No reason given |
| Progressive Movement For Columbia | 0 | Yes | No reason given |
| Solidarity | 24 | No | No reason given |
| Empty seats | 103 | Not voted |
Presidency
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1