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News & Current Events Discuss President Obama overtime rule could raise wages for 5 million at the General Forum; Kinda looks like BO is setting up the next Dem nominee for a win-win for the middle-class workers.This'll probably help ...

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Old 06-29-2015, 08:21 PM
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Default President Obama overtime rule could raise wages for 5 million

Kinda looks like BO is setting up the next Dem nominee for a win-win for the middle-class workers.This'll probably help teachers, nurses. Managers of restaurants put in long hours with little pay for the long hours.Hourly craft workers? not so much.

"The proposed rule will more than double the salary level under which virtually all workers qualify for overtime pay whenever they work more than 40 hours in any given week. That threshold, now $23,660, will rise to $50,440."

<The new threshold will not be indexed directly to inflation, as many progressives had hoped. Instead, it will be linked permanently to the 40th percentile of income. That would set it at the level when the overtime rule was first created under President Franklin Delano Roosevelt>

Read more: President Obama overtime rule could raise wages for 5 million - Edward-Isaac Dovere and Marianne LeVine - POLITICO
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Old 06-29-2015, 09:08 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

The dictator is creating another law unilaterally. That is nothing to celebrate and will have negative repercussions as mentioned in the article.
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Old 06-29-2015, 09:09 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by treedancer View Post
Kinda looks like BO is setting up the next Dem nominee for a win-win for the middle-class workers.. . .
Not if his insane brand of anti-economics makes them former workers.


As always, no one is stopping you if you want to improve your local low wage worker's lot right now this very hour by digging into your own wallet.

But since as all Leftists, your thinking is that of a common mugger, this option will be closed to you.
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Old 06-29-2015, 09:12 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by Lumara View Post
The dictator is creating another law unilaterally. That is nothing to celebrate and will have negative repercussions as mentioned in the article.
In the Leftist Mind, if we must grant that stew of emotions and infantile fantasies such an undeserved accolade, repercussions which only effect the more productive citizens can almost never be negative.
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Old 06-29-2015, 09:21 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by Oftencold View Post
Not if his insane brand of anti-economics makes them former workers.


As always, no one is stopping you if you want to improve your local low wage worker's lot right now this very hour by digging into your own wallet.

But since as all Leftists, your thinking is that of a common mugger, this option will be closed to you.
There's a cure for not paying OT, hire more employees.
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Old 06-29-2015, 09:22 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by Lumara View Post
The dictator is creating another law unilaterally. That is nothing to celebrate and will have negative repercussions as mentioned in the article.
What"negative repercussions"would that be.
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Old 06-29-2015, 09:27 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by treedancer View Post
There's a cure for not paying OT, hire more employees.
Um, no. This is the 21st Century. The cure is automation.

That self-checkout at Walmart really ought to be telling you something about your silly economic notions, you know.

Feel free to hire overpriced workers for your own use as you please. But kindly keep such nonsense to to yourself
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Old 06-29-2015, 09:31 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Originally Posted by treedancer View Post
What"negative repercussions"would that be.
Higher prices, lower employment, fewer jobs for low-functioning individuals, you know, the obvious.
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╠═════════════════════════════════════╣

“Serpent's breath, charm of death and life, thy omen of making!”
Or if you're a traditionalist,
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And children, say it like you mean it!

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Old 06-29-2015, 09:38 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Higher prices, lower employment, fewer jobs for low-functioning individuals, you know, the obvious.
Nonsense!More workers because employers don't want to pay OT =more jobs.
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Old 06-29-2015, 09:55 PM
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Default Re: President Obama overtime rule could raise wages for 5 million Read more: http://

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Nonsense!More workers because employers don't want to pay OT =more jobs.
Once again you demonstrate your lack of business acumen.

While refusing to pay higher wages yourself, I take no small pleasure in constantly reminding the forum, you refuse to address thee modern employers' recourse to automation to replace low-value employees, and how coercing higher wages will inevitably accelerate that precess.
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“Quod scripsi, scripsi"

╠═════════════════════════════════════╣

“Serpent's breath, charm of death and life, thy omen of making!”
Or if you're a traditionalist,
“Anál nathrach, orth’ bháis’s bethad, do chél dénmha!”
And children, say it like you mean it!

╠═════════════════════════════════════╣
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