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Switzerland Prepares A “Living Wage” Of $2,600 For Every Citizen

Posted by Mr.Copper @ 9:41 on November 21, 2014  

The proposed plan would guarantee a monthly income of CHF 2,500, or about $2,600 as of November 2014. That means that every family (consisting of two adults) can expect an unconditional yearly income of $62,400 without having to work, with no strings attached.

The benefits are obvious (according to the supporters). Such policy would, in one fell swoop, wipe out poverty. By replacing existing government programs, it would reduce government bureaucracy.

Lower skilled workers would also have more bargaining power against employers, eliminating the need for a minimum wage. Creative types would then have a platform to focus on the arts, without worrying about the bare necessities. And those fallen on hard times have a constant safety net to find their feet again.

More:
http://www.zerohedge.com/news/2014-11-19/next-qe-switzerland-prepares-living-wage-2600-every-citizen

Comment:

Anyone remember I said years ago they should just put $100 bills in with the junk mail circulars? Re make work projects in my area. Why pay people to cut down trees, just to restore the side walks, and plant new trees?

Its better to just PAY them and leave the old trees and sidewalks alone.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.