I approve of this. Too many employers take advantage of salaried workers. http://money.cnn.com/2014/03/12/news/economy/obama-overtime/index.html?hpt=hp_t2
Re: Pbama Wants To Expand Overtime Pay Uhhhhh yeah. I was salaried at a cpa firm and it was mandatory 70-80 hour weeks during tax season and mandatory 50 hour weeks during summer. Forget about taking vacation because god forbid a client wants something while you're gone, you get yelled at when you come back from vacation and threatening texts while you are on vacation.
Re: Pbama Wants To Expand Overtime Pay But won't someone think of the corporations' rights? They are people my friends. Those costs will be passed on to the consumers who aren't me! Someone else might have to pay an extra 30 cents on their 6$ big mac!
Re: Pbama Wants To Expand Overtime Pay An odd undertaking for the Chief Executive. Article 2 Section 3 say he shall "he shall take Care that the Laws be faithfully executed". However, no where is he given power to create the law. As the article already states, several state already regulate this area so why would the federal government be involved? This action by this administration is clearly and directly over stepping the executive powers granted in the Constitution. " The move wouldn't take effect immediately. The Labor Department will have to publish the new rule and take comments from both business and labor groups. But this is one of the steps the administration is taking on its own to get around opposition by Congressional Republicans to many of Obama's initiatives." Such action would clearly violate his Oath of office. "Before he enter on the Execution of his Office, he shall take the following Oath or Affirmation:--"I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my Ability, preserve, protect and defend the Constitution of the United States."
King Barry the First. Those who think it's a good idea for the executive branch to create economic laws, and to selectively veto/change existing law (ObamaCare's multiple extensions/exemptions), need to re-read their modern history.
I average about 2 hours of OT a day. It's the perfect amount. Any more, it gets taxed too much to justify working it and I want to have a life outside of work. In the month of December all bets are off. 60 hours a week all month. It blows.
Re: Pbama Wants To Expand Overtime Pay I thought it was the greed and unregulated banking system. Thanks for clearing that up!
the real income redistribution http://billmoyers.com/2014/03/12/wa...ll-workers-earned-making-the-federal-minimum/
Unbelievable crap that guy spews. Every dollar earned by a rich guy or a poor guy adds a dollar to GDP. By definition.
Blah, blah, blah. Where are those low-wage workers spending their money that fuels the economy? At the businesses grown by those with the necessary skills and willing to take the risk.
The point is what happens to the money after its earned. Poor people spend it, rich people not so much. Which is better for the GDP then?