1) Nothing will come of it, they vote on referendums all the time
2) 2800.- is the minimum wage already (or I should say it was when I signed my contract at CERN in 2007)
3) Switzerland has been quite socialist for a very long time
I once talked to a fellow who left a terrific job in Switzerland as an aircraft broker to become a maintenance/handyman at a small hospital in Santa Barbara, CA. The stories are true about people there carrying rifles into banks while conducting business, etc.
His reason? Freedom. In S-land everybody is under a microscope everywhere they go.
Some will call it anecdotal, but I had no reason to doubt his account. I also once had a very interesting conversation with a French woman about the almost-caste system in France and general attitude towards Americans there.
Who's going to pay for all of this? Oh yeah... the working people are. The thing is that a lot of people will find that after taxes it's hardly worth going to work so they will just learn how to live off of $2800 a month. I know money doesn't go near as far in Europe as it does in the US.
If I can manage to become a dual citizen can I live her in the us and get $1400 in the mail each month?
Believe it or not, conservative economist Milton Friedman advocated something like this at one time.
He called it the negative income tax. In general he supported no income tax at all, but believed that goal to be politically unfeasible.
The idea behind this negative income tax is that it replaces all other forms of social welfare, including the minimum wage. This would, in theory, accomplish a number of goals:
- Eliminate all of the cost and administrative overhead of all of the other social programs we already pay for.
- Remove the perverse incentives of our current system.
- Free up a great deal of cheap labor and lower unemployment (thanks to no minimum wage)
- Stabilize and smooth the economic cycle.
It doesn't sound like the Swiss are trying to implement the same type of system though.
Given the number of people in this country looking/voting for a handout, it might be a smart strategy for conservatives to pursue because it's basically a less expensive, more free market version of what we already have disguised as free money. That being said, I'm not sure it could ever make it into law.