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They are both wedded to problems that go to the core of what has been the American identity since the assassination of JFK.
Mrs. Clinton wants to increase taxes on those earning more than $200,000 a year and to raise the minimum wage. She wants to reduce the burden on student loan holders and to get to work on infrastructure projects in America.
This is the classic Republican point of view and it is very doctrinaire, like communism was doctrinaire. It is the belief that the elite will work harder if you give them more money and the wage earners will work harder if you hold their wages down.
It's just baloney.
Sweden is often touted as the poster-child for abolishing the minimum wage. However, the Nordic nation is certainly no free-market free-for-all. Instead, minimum wages are set by sector or industry through collective bargaining. Nearly all Swedish citizens belong to one of about 60 trade unions and 50 employers' organizations that negotiate wage rates for regular hourly work, salaries and overtime. The minimum wage tends to hover near 60-70% of the average wage in Sweden.
Swedish law limits the workweek to 40 hours, just like in the U.S. However, it also dictates that all workers are entitled to 25 paid vacation days and 16 additional public holidays each year, which is far more generous than the U.S. standard.
originally posted by: ipsedixit
a reply to: Dalan
True, but it would be a gross exaggeration to call it "no minimum wage", since the wage level is in fact pinned to the national average hourly wage. If the United States had a "no minimum wage" policy like Sweden, the lowest hourly rate would immediately rise into Hillary Clinton territory, i.e., $15.00 an hour.
Maybe Mrs. Clinton should assuage her critics on the Republican side by assuring them that there will be no minimum wage in the US because the US is going to move to the Swedish model. I wonder how many Republicans would be happy with that.