Billionaire backs three day work week to Catholic leaders

The world’s second richest man has told a Catholic conference of the advantages of a three day work week.

Mexican billionaire Carlos Slim told the Catholic Association of Latino Leaders in Houston that his idea would mean longer work hours, and would also involve delaying retirement until 70 or 75.

But he said it would mean people having more free time with their families or for personal enrichment.

He told a crowd of about 200 that in a time of recent economic crises, countries need to focus on strengthening the middle class as well as health care systems and education.

“What is important is that people earn more and that more middle classes are formed,” said Slim.

He spoke for more than an hour on how to better the plight of Latino workers and Latino-owned businesses.

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