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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:
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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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