Two years ago, Swiss voters had a national referendum that would have set the nation’s minimum wage at $25 an hour. A whopping 76.3 percent of voters voted NO to the referendum. Switzerland has no minimum wage and Swiss workers are among the highest paid in the world! The Swiss get it….why don’t Americans?
Further reading:
Minimum Wage Smartness in Switzerland and Minimum Wage Ignorance by Jacob Hornberger.