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Swiss voters reject minimum wage (almost $25 per hour!), fighter jets
Yahoo Finance ^

Posted on 05/18/2014 2:37:12 PM PDT by Red in Blue PA

GENEVA (AP) — Worried about upsetting Switzerland's strong economy or driving its high costs even higher, more than three-quarters of Swiss voters rejected a plan Sunday to create the world's highest minimum wage and slightly more than half spurned a request to outfit the Swiss Air Force with 22 new fighter jets.

A tally by Swiss TV showed that with votes counted in all 26 of the Alpine nation's cantons (states), the Swiss trade union's idea of making the minimum wage 22 Swiss francs ($24.70) per hour fell flat by a vote of 76.3 percent opposed and 23.7 percent in favor.

(Excerpt) Read more at finance.yahoo.com ...


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1 posted on 05/18/2014 2:37:12 PM PDT by Red in Blue PA
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To: Red in Blue PA

That’s interesting. Putting an issue to a national vote instead of a candidate.

We do that with states. State Issue #....

Could it mean we are a nation of nations?


2 posted on 05/18/2014 2:39:38 PM PDT by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins

It doesn’t matter what the voters say in the States. Some Federal political hack judge will overturn it.


3 posted on 05/18/2014 2:44:54 PM PDT by mosaicwolf (Strength and Honor)
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