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Obama Will Seek Broad Expansion of Overtime Pay [Will Use Executive Authority: Congress Get Lost!]
NYTimes ^ | March 11, 2014 | MICHAEL D. SHEAR and STEVEN GREENHOUSE

Posted on 03/11/2014 10:25:27 PM PDT by Steelfish

Edited 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 ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS:

1 posted on 03/11/2014 10:25:27 PM PDT by Steelfish
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To: Steelfish

Soaring profits huh???


2 posted on 03/11/2014 10:28:49 PM PDT by mountn man (The Pleasure You Get From Life Is Equal To The Attitude You Put Into It)
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To: Steelfish

Kon-sty-two-shun?

What’s that?


3 posted on 03/11/2014 10:33:24 PM PDT by Tzimisce
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To: Steelfish

Strangling the private sector, one EO at a time.


4 posted on 03/11/2014 10:33:36 PM PDT by Obama_Is_Sabotaging_America
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To: Steelfish

Sounds more to me like just another effort to put millions more of the most productive Americans out of work.


5 posted on 03/11/2014 10:34:28 PM PDT by Pox (Good Night. I expect more respect tomorrow.)
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To: Steelfish

The kenyan seeks to reduce employment further.Not enough people are on the dole for a proper recovery to happen.


6 posted on 03/11/2014 10:34:30 PM PDT by ThanhPhero (Khách sang La Vang hanh huong tham vieng Maria)
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To: Tzimisce

Because Congress failed to stop Obama, now he is unstoppable. Obama is a dictator.


7 posted on 03/11/2014 10:40:11 PM PDT by LALALAW (one of the asses who's sick of our "ruling" classes)
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To: LALALAW

OVERTIME ? How, most people are getting LESS than 30 hours a week anymore, and have to get 2 or THREE jobs to make it !!


8 posted on 03/11/2014 10:43:02 PM PDT by Rca2000
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To: Steelfish

This will devastate many employers. The costs for those that survive will be born by shed workers and consumers.

Idiocy on parade.


9 posted on 03/11/2014 10:43:56 PM PDT by LowTaxesEqualsProsperity
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To: Steelfish

Creating more and more unemployment. One executive order (dictatorial arrogant usurpation of power) at a time.


10 posted on 03/11/2014 10:58:38 PM PDT by faithhopecharity (")
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To: Steelfish

Employers can just borrow the extra money from China.


11 posted on 03/11/2014 11:03:36 PM PDT by moovova
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To: Steelfish

He’ll pen some overtime pay for himself.


12 posted on 03/11/2014 11:11:36 PM PDT by bgill
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To: Steelfish
Anything over 28 hours a week?

(Because part time employees should get overtime, too. Otherwise, it isn't fay-ir)

13 posted on 03/11/2014 11:14:31 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: mountn man
Yeah. Solyndra, Light Squared, Tesla, GM, GE...

Hey barry, one problem; all those small business owners? They do math.

14 posted on 03/12/2014 12:46:00 AM PDT by Eagles6 (Valley Forge Redux)
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To: Steelfish

Goofy premise...


15 posted on 03/12/2014 1:38:04 AM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Steelfish

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.


16 posted on 03/12/2014 1:40:52 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: Steelfish

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.


17 posted on 03/12/2014 3:59:41 AM PDT by RWB Patriot ("My ability is a value that must be earned and I don't recognize anyone's need as a claim on me.")
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To: RWB Patriot

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.


18 posted on 03/12/2014 4:01:12 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: markomalley

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.


19 posted on 03/12/2014 4:06:05 AM PDT by Maine Mariner
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To: Steelfish

His rules are rules, not law. They will just be ignored as claptrap from a dead duck.


20 posted on 03/12/2014 4:11:20 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: RWB Patriot

“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.”

Unpaid overtime is just another step towards reducing us to Asian peasants; I don’t know the particulars of Obama’s plans, but many people have watched their hourly pay rate actually drop when they were “promoted” due to BS with overtime (I actually got a raise because of it years ago).


21 posted on 03/12/2014 5:00:21 AM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Steelfish

Yup, that will go over like a lead balloon.

Anyone who lets themselves be salary or classified as “executive” is schmuck anyway who deserves not to be paid for their mandatory overtime. In this day and age where the 60-hour week and 24/7 on-call is a requirement, I make sure I remain hourly that I get paid my double pay for anything over 40.

We don’t need the Obummer trying to fix other people’s stupidity for ‘em.


22 posted on 03/12/2014 5:08:01 AM PDT by GAFreedom (Freedom rings in GA!)
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To: Steelfish

Now business has an excuse to move those jobs overseas to reduce costs.

India can provide programmers etc just as well as we do (although admmittedly not as good as ours) and, since we only have to pay them about 1/3 of what ours make, if it takes them twice as long we still come out ahead.

I long for the days when we had someone in the whitehouse who was American, understood economics, and not a brain dead liberal


23 posted on 03/12/2014 5:14:36 AM PDT by John O (God Save America (Please))
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To: Steelfish

this “magic negro” sure is a piece of shit.


24 posted on 03/12/2014 5:45:49 AM PDT by Joe Boucher ((FUBO) obammy lied and lied and lied)
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To: Steelfish

More overtime pay also means more into the government tax coffers.


25 posted on 03/12/2014 6:55:19 AM PDT by Theodore R. (It was inevitable: Texans will always be for Cornball and George P.!)
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To: John O
I long for the days when we had someone in the whitehouse who was American, understood economics, and not a brain dead liberal

Won't ever happen again with the kinds of voters we now have

26 posted on 03/12/2014 6:56:22 AM PDT by Theodore R. (It was inevitable: Texans will always be for Cornball and George P.!)
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To: GAFreedom
Anyone who lets themselves be salary or classified as “executive” is schmuck anyway who deserves not to be paid for their mandatory overtime.

I was one of those schmucks. I was a professional, barred by rules from getting overtime pay. Often put in 60 to 70 hour weeks, being on 24/7 call. I was allowed to bank compensatory time off, but was often refused requests to use the time, and carry-over limits saw me losing hundreds of banked hours every year. Frustrating, but my high salary versus what non-professionals earned eased the frustration. If Obama gets his way, professional and executive jobs will disappear because it will bankrupt companies.

27 posted on 03/12/2014 11:54:46 AM PDT by roadcat
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To: Steelfish

Business can roll with the punches on this, with all the unemployed, underemployed, and out-of-the-workforce sloshing around in the US economy. If a business needs 150 hours of managerial/professional work, currently being provided by three employees, the business will simply cut the hours of those three and hire another - or maybe two more, slashing all of their hours to under thirty per week and dropping their health insurance to boot.

IT workers, another target of the proposed overtime expansion, will only benefit if their employer keeps programming work here in the US. Look for a boom in employment opportunities for programmers and software engineers in India, China and elsewhere outside the country.

Kiss full-time jobs goodbye forever. Folks wanting to get ahead and prosper will need to hold down a second or even third part-time job.


28 posted on 03/12/2014 1:10:33 PM PDT by Spartan79 (I view great cities as pestilential to the morals, the health, and the liberties of man. Jefferson)
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To: roadcat
Frustrating, but my high salary versus what non-professionals earned eased the frustration.
I'd argue that the amount I make billing my overtime is higher, but it's a fruitless argument. :) To each his own, you know. I just won't do it that way.
If Obama gets his way, professional and executive jobs will disappear because it will bankrupt companies.
I don't disagree. Though there are some at my current employer I wouldn't mind seeing that happen to.
29 posted on 03/12/2014 6:32:23 PM PDT by GAFreedom (Freedom rings in GA!)
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To: GAFreedom
I'd argue that the amount I make billing my overtime is higher, but it's a fruitless argument. :)

No argument from me. The technicians I managed did get overtime pay. They were always eager to do overtime. It was useless to try to get them to finish stuff in regular hours, as they had union protections. For example, one guy would simply drop his toolbag at quitting time regardless of the necessity of finishing critical work and walk away, even though it could have been finished during regular hours if he worked harder. A ploy for me to call him back for overtime. They made a lot of money this way.

30 posted on 03/12/2014 7:29:23 PM PDT by roadcat
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To: roadcat
The technicians I managed did get overtime pay. They were always eager to do overtime. It was useless to try to get them to finish stuff in regular hours, as they had union protections.
Ah, viva la difference. No real unions here in GA, at least none with teeth, and no unions at all in my copier industry. I'd drop my toolbag at quitting time too, but that's simply because I won't work unpaid. Right-to-work and at-will make a big difference in the situation.
31 posted on 03/13/2014 1:36:46 AM PDT by GAFreedom (Freedom rings in GA!)
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To: Steelfish

As normal the NYT takes an opportunity to carry the water for the left wing agenda....

Though reading other unbiased sources, this is not that bad of an idea this lawless administration is proposing to do....

Congress should be doing it not though an EO....

If you make $455 a week an employer can make you “exempt” from being paid overtime if you are in a supervisor position....that’s $23,600 a year....nothing to write home about....

That’s $11.34 an hour if you are working 40 hours....very few supervisors work 40 hours... So the more hours you work the less per hour you make....

This will not hit businesses as hard as the left hopes....I would surmise must companies pay their supervisors personnel more than $23,600 a year....

How hard it impacts will depend on what benchmark the minimum is raised to....


32 posted on 03/13/2014 2:00:48 AM PDT by Popman ("Resistance to Tyrants is Obedience to God" - Thomas Jefferson)
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