German Labor Minister Ursula von der Leyen said that the introduction of an across-the-board minimum wage was only a matter of time in Europe's top economy, in an interview to be published Monday.
When Vice President Joe Biden rolls into a room to talk politics, frankly, I am ready to laugh. He is, for me, the gaffable Joe Biden. Remember when he told the perky Katie Couric that during the great stock market crash of 1929, President Franklin Roosevelt immediately "got on television" to reassure the American people? Joe apparently reassured Miss Couric; yet others in the audience who knew their history and recognized his gaffe got a huge laugh at Joe's expense. The president in 1929 was, of course, Herbert Hoover, and there was no television.
She said the minimum wage, which would mark a fundamental change in German industrial policy, would have to be based on an agreement between employers and employees and not imposed by the state.
"We must not allow the amount of a general minimum wage to become a political football," she said.
