(November 5, 2014 at 8:53 pm)stonedape Wrote: Athens Greece is the only case I can think of where it totally backfired. They were promised boats and the retirement age of 45. But countries like Swizerland where min wage is $25 an hour have great economies.
Ultimately I am against minimum wage. I am for profit shares. Productivity goes up when it's rewarded directly.
The $25 minimum wage didn't pass, with over 70% of voters against it. It's purchasing power would have been the equivalent of about a $14 an hour wage in the USA.
http://www.bloomberg.com/news/2014-05-18...shows.html
I'm not anti-Christian. I'm anti-stupid.