Skip to comments.Obama Will Seek Broad Expansion of Overtime Pay [Will Use Executive Authority: Congress Get Lost!]
Posted on 03/11/2014 10:25:27 PM PDT by SteelfishEdited on 03/15/2014 11:18:09 AM PDT by Admin Moderator. [history]
President Obama plans to use his executive authority to change the nation’s overtime rules. WASHINGTON — President Obama this week will seek to force American businesses to pay more overtime to millions of workers, the latest move by his administration to confront corporations that have had soaring profits even as wages have stagnated.
(Excerpt) Read more at nytimes.com ...
Soaring profits huh???
Strangling the private sector, one EO at a time.
Sounds more to me like just another effort to put millions more of the most productive Americans out of work.
The kenyan seeks to reduce employment further.Not enough people are on the dole for a proper recovery to happen.
Because Congress failed to stop Obama, now he is unstoppable. Obama is a dictator.
OVERTIME ? How, most people are getting LESS than 30 hours a week anymore, and have to get 2 or THREE jobs to make it !!
This will devastate many employers. The costs for those that survive will be born by shed workers and consumers.
Idiocy on parade.
Creating more and more unemployment. One executive order (dictatorial arrogant usurpation of power) at a time.
Employers can just borrow the extra money from China.
He’ll pen some overtime pay for himself.
(Because part time employees should get overtime, too. Otherwise, it isn't fay-ir)
Hey barry, one problem; all those small business owners? They do math.
Nothing like a “neutral point of view” in an article, huh? (”confront corporations that have had soaring profits “)
This will utterly devastate businesses. It will also utterly devastate the people he purports to help with this effort. I don’t know about anybody else’s business, but we generally pay exempt people more, with the understanding that they will have to be a bit more “flexible” with their time. So I guess we’ll have to go cut the salaries of “computer technicians” who make $100k a year back down to $75k a year, since we know they’ll make up the rest in overtime.
Dude is trying to turn us into France.
Guess no one’s told the head retard how many companies forbid their employees from coming even close to overtime.
Oh, and I recall once working over ten hours of overtime...and big brother got every dime of the extra money. Chew on that while dear leader is doing his belching and farting on income inequality.
Oh it’s all about evil illusion. I’d compare it to smoke and mirrors, but smoke and mirrors never did anything bad enough to deserve the comparison.
I know a good number of salaried employees who love the flexibility of their jobs including extra time off after
putting in a good number of hours on a project.
But I guess the one size fits all applies here, regardless of what the employee wants.
His rules are rules, not law. They will just be ignored as claptrap from a dead duck.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.