Obama Making Millions More Americans Eligible for Overtime

Like business not expanding and cutting hours due to Obamacare, the administration of 'jobs are number one' strikes again. LOL

 

What you have an issue with trade deficits and an economy based on nothing but the ability to take on more debt?

 

Nah, I'm cool with that. /sarcasm

 

Every time he pivots to the economy to score political points it makes me cringe...



RUN AWAY!!

 

Man.. that's so UNfair to the supervisors, upper management and business owners who are out to 5 PM happy hour with their secretaries while the guys doing the work are still out slaving in 100 degree heat.

DAMN YOU OBAMA!!

 

Obama wouldn't know what a real days work would look like......he's never done one.

 

So, why (*)(*)(*)(*)(*)foot around? Let's make the minimum wage 100k. That will solve all,our problems.

 

Hey you Obama cheerleaders, he actually SCREWED people here. He doubled the minimum wage you need to make to qualify for time and a half.

Does that not say as much?

 

More meaningless lip service from Barack Sharpton.




After this many years in office are people still falling for his lies?

 

But most of the people he's talking about are salaried, not hourly employees, which means when they miss work or have to go home early their pay is not docked. They make the same whether they work 30 hrs or 50 hrs. Sometimes it works in their favor.

 

I agree the one size fits all is a real bummer that does not take into consideration the different economic factors from one state to the other to include the cost of living. When I went to Ft. Lewis TDY a few years ago, I was shocked at the price difference between Washington state and Georgia. Where I could live on 40,000 a year comfortably in Georgia, I would have to make at least 60,000 out there if not more. I couldn't believe the price of a gallon of gas was 60 cents higher out in Washington, A combo mean at burger cost 2 dollars more, my hotel which was a 60 dollar a night hotel in Georgia was a 100 dollar a night hotel out there.

Way too expensive for me, I would never live there.

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The amount of control is minimal.

 

Okay, but I thought this just applied to hourly workers. Workers who work more than 40 hours a week.

 

you aren't naïve enough to believe that are you.

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nothing about anything

 

No, it's something about this. Where does the money come from when there are no jobs and what jobs there are are part-time or MW jobs. Wow, that really spells booming consumer economy doesn't it?

 

Yep, I lived in MN and MA, states that seem to invent a new tax every week, before moving to FL. I made good money up north, but I actually made and was to keep more once I got up in running here.

But concerning Obama's new rule, here's the deal, it's a populist trick aimed at a relatively small number of people purposed to show he's really for the little guy, when in reality it doesn't do much but hurt smaller firms and force them to dial back on salaried employee's and install a larger punch clock card placeholder. Personally, it doesn't affect me in the least, I'm self-employed and my wife makes far more than Obama's salary cap effects, but it will effect some of my customers and their employee's. I lost two customers who closed shop because of HC costs thanks to the ACA, hopefully this won't be that bad. NAAA...

 

Inflation is pretty mild.



Or are you one of the conspiracy nuts trying to tell us that the government is hiding the TRUE inflation numbers.

 

I have no interest in your flamebait assertion... Debate something or run along. Those inflation numbers do not account for food nor energy prices.. Shoo.

 

for those paid under 50k, it wont effect those positions paid over 50k which is really where most salaried positions are

.

 

Well I wouldn't dismiss the doom and gloom... will some people be helped, absolutely, there will be some folks who absolutely benefit from this... no question about it... but you seem to dismiss all those who will be impacted negatively... and seem to think nobody will be impacted by this at all???

its cheaper for me to hire two 25 hour employees than to pay one 50 hour employee overtime... so now I have two "managers" who I can't call managers but I will make them be in charge of the store when I don't feel like working... so this solves nothing... all it did was make me hire another person who can't afford to pay their bills this way in life and will need two part-time jobs just to make full time wages... and they still have no benefits... THIS IS THE REALITY OF THE DECISION...

nobody gained in the example I just provided... now my employee who was working 50 hours, now works 25 hours... instead of my salaried employee getting paid for 40 hours straight time per week (even when he's sick or has family things), he now gets paid for 25 hours on an hourly basis, with no sick pay or family time... I can also now drop him from healthcare and the other benefits since he's no longer a full-time employee...

SO now, people who were better off, are now worse off... this is reality... this is how business works... you set laws, we redefine the workforce to meet requirements... people don't turn into automatic winners... the president can't pass a law that does that... all he's done is hurt people with these methods... and now more people will be hurt... sure a few will win where its just too costly to change it, but most, will easily be reduced in work with another part-time employee...

P.S. people seem to think its hard to get part-time employees too, when I have 2 part-time employees, I can afford to pay them more than most places are willing to pay them, because for me its cheaper than a full-time employee with benefits and now over-time pay... so instead of say the area I'm in paying $8-9 on average for part-time work... I can pay $10-12 and steal the good employees from other companies... but it sure beats paying $12-16 for fulltime employees with time and a half overtime... and I'm not paying for healthcare or anything else now... way to screw people over with executive orders! (now I save more money from payroll)

 

Georgia = Red State
Washington = Blue State
No surprise. If you think Washington is bad, slide on down to Mexifornica.

 

Uh no. You're thinking of "All items less food and energy" or the core CPI

CPI-U includes food and energy.

http://www.bls.gov/cpi/cpiqa.htm

 

Well I think this was targeted at the gas station style employees who work long hours under the disguise as "managers"...

I just posted another message showing why this entire executive order will fail... but to summarize... instead of having that 50 hour a week manager now, I'll simply hire two 25 hour "managers" that I can't call managers but I'll make them responsible for it anyhow... sure it may mean I have to drop in to the store more hours during the week than I care to, and the whole reason I hired the other guy was so I wouldn't have to at all... but now I save 10 hours of overtime pay, as well as healthcare benefits among other things, and now when the employees are hourly and call in sick or have family issues, I don't pay them period since I have to come work the shift... before my manager got paid for the day anyhow...

now my "managers" work 25 hours with no benefits and now I just have to stop in a few extra hours during the week... no biggie I guess right... I save hundreds more per week and now people need two part time jobs to get anywhere in life... but they still don't get benefits from anyone...

 

The economy will not improve and exports will go down not up.

The US has already priced itself out of the market.

American products simply cost too much, and this will only make American products cost more.

Its why people buy American flags that are made in China.

 

How in the world does raising the salary requirement to just about double in order to get overtime pay help more people?

 

It's not going to cost you the same to do it that way. Previously business would pull a sneaky move. They'd "Promote" someone to management and their salary would go up to 30,000 a year or so. However they were now working 50-60 hours a week. Looking at the hourly they were actually making the same or less.

Good luck hiring managers and telling them they're going to make exactly the same and work more hours than they did in the much easier much less responsibility associate's job.