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Started By
Message
Geneva Switzerland enacts $53,000 minimum wage.
Posted on 10/5/20 at 9:02 pm
Posted on 10/5/20 at 9:02 pm
About $25 per 41 hour work week. Can you say worthless money.
Update. The story says Geneva has 200k workers who commute from France. Open borders.
Update. The story says Geneva has 200k workers who commute from France. Open borders.
This post was edited on 10/5/20 at 9:28 pm
20
Posted on 10/5/20 at 9:03 pm to SEC7070
Inflation gonna hit big
Posted on 10/5/20 at 9:03 pm to SEC7070
Why is it worthless?
Posted on 10/5/20 at 9:04 pm to SEC7070
What was it; as in percentage increase?
Posted on 10/5/20 at 9:05 pm to SEC7070
Why stop there? How about $153K? frick it, make it $1.53M.
Posted on 10/5/20 at 9:05 pm to Mo Jeaux
I’m neutral on this......?
Posted on 10/5/20 at 9:05 pm to SEC7070
quote:
You are clueless.
Why?
Posted on 10/5/20 at 9:07 pm to SEC7070
It’s less likely to fail there then say the Sudan or the United States. Like others have said though, just wait until a double cheeseburger costs $25.
Posted on 10/5/20 at 9:08 pm to SEC7070
Eh, it's Switzerland. If they can manage that, great.
Posted on 10/5/20 at 9:08 pm to NPComb
quote:
Why stop there? How about $153K? frick it, make it $1.53M.
A nation must not spend money on its own people! It makes me so angry.
They should spend trillions on foreign aid, overseas wars and facilitating immigration to undercut the wellbeing of their own people in support of global corporations like us.
Posted on 10/5/20 at 9:08 pm to Mo Jeaux
quote:
Why is it worthless?
Someone doesn't understand Econ 101.
Posted on 10/5/20 at 9:09 pm to SEC7070
Geneva is a super wealthy area. 53k ain't shite out there.
Posted on 10/5/20 at 9:09 pm to bayoumuscle21
No one cut the cheese on that wage hike.
Posted on 10/5/20 at 9:09 pm to bayoumuscle21
quote:
Someone doesn't understand Econ 101.
What makes you say that?
Posted on 10/5/20 at 9:12 pm to SEC7070
A cheeseburger in Switzerland is $35
Posted on 10/5/20 at 9:14 pm to Mo Jeaux
quote:
Why is it worthless?
If everyone makes 53k then inflation occurs as employers have to offset the additional payroll costs
Posted on 10/5/20 at 9:15 pm to Mo Jeaux
quote:
What makes you say that?
Because you don't understand the value of a dollar.
Posted on 10/5/20 at 9:15 pm to SEC7070
Switzerland is one of the most expensive places on earth to live. My friend actually went to the Swiss Alps with his wife for a vacation and he said everything was 3 times the price you would expect.
He and his wife got value meals at Burger King at the airport and it was $35. For two combos at Burger King at the airport.
He and his wife got value meals at Burger King at the airport and it was $35. For two combos at Burger King at the airport.
Posted on 10/5/20 at 9:18 pm to SEC7070
so about a $20,000 minimum wage after taxes
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