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Comments about ‘The Swiss aren't interested in a $25 minimum wage’

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Published: Tuesday, May 20 2014 12:50 p.m. MDT

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EJM
Herriman, UT

Test run something a bit more ambitious? Oh yeah that makes a lot of sense. And when the economy tanks oh it'll only take a few years to have a bounce back out again. But then again it's not Jordan Wiseman's money. People are in favor of things as long as they don't have to participate.

No One Of Consequence
West Jordan, UT

No minimum wage and the most prosperous economy in Europe.

Of course the people at the bottom struggle. It's called life. What happened to "no pain, no gain"?

Hutterite
American Fork, UT

Things are more expensive in Switzerland but their bid for 22 francs seems a bit ambitious. I suspect that, if their economy 'americanizes' more, and big chain stores start to exercise predatory wage practices, Swiss attitudes will change.

Chris B
Salt Lake City, UT

No minimum wage?

What do the swiss know about economics anyways?

Schnee
Salt Lake City, UT

90% of Swiss workers already make more than that... hmm, wonder what percentage of American workers make more than that...

DVD
Taylorsville, 00

What is life like for those at the bottom end of a no-minimum wage scale. What are the obstacles to moving out of that? In the U.S. we had an example of that before the minumum wage was finally in place. You could, and with the erosion of the minimum wage, can again, work all day and still starve. But your employer can reap enormous profits off of you, and if the economy is poor for looking for other work, you don't have a choice of better options.

Chris B
Salt Lake City, UT

Schnee,

Yes isn't it interesting 90% make at least that with a minimum wage of $0.

Let the markets work and look what happens - the overwhelming great majority end up in a very good position.

But liberals would rather 100% of popululation be in poverty because that would make everyone equal rather than 90% do very well and 10% live in poverty.

RBB
Sandy, UT

Let's let Seattle raise the minimum wage and watch how fast those jobs move to the suburbs. It would be great if everyone made $50/hr, but you have to add more than that in value. If I can buy a machine that does your job for $20k no way you are going to make $15/hr. How many people build televisions anymore?

prelax
Murray, UT

The Swiss people also voted to cap jobs going to foreigners, including those from the EU. They also passed a law that requires jobs to be offered to citizens first.

This is known as the rest of the story. With controls in place, and a government that enforces the laws, they are willing to let the market set the price.

The US is behind several countries such as Australia and Japan. Our labor/immigration laws are not enforced, and to give todays workers the same buying power we had in the 70's, we need an increase in minimum wage.

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