Posted on 06/30/2015 4:27:43 PM PDT by IBD editorial writer
Regulations: With the flick of his magic pen, President Obama will soon grant millions of workers overtime play. At least, that's the fantasy being peddled by the White House and regurgitated by a credulous press.
(Excerpt) Read more at news.investors.com ...
The Economic Illiteracy Of Obama’s Overtime Rule
DUH... the assumption Obama WANTS to do the economy some good is ILLITERATE..
How can the author be THAT DUMB...
Of course it was bad for the economy..
it was PLANNED TO BE BAD FOR THE ECONOMY..
you know.. exactly like everything Obama does.. literally EVERYTHING..
it is PURE Saul Alinsky.. over burden the System(S)..
You got it. This rule will result in lower total pay, more automation, more rigidity in work hours, and more dependency on government. It sounds like a perfect Obama program.
Oh, yeah. I remember reading about this secret clause in the constitution that grants presidential powers over labor. The chief executive has the power to set wages and hours for all employees in all states. Good thing constitutional scholar Obama is making it public.
And Republicans gave obama more power to destroy by voting for the tpa.
Obama is so not afraid of Republicans!
“.........Or they’ll bring in more part-time workers to avoid the wage hit...........”
Which will increase the numbers of employed Americans under the convoluted method of stats manipulated by the Obama Administration. That is what they are doing here. Using this Obama law to increase employment as they count even the slightest of employment as being employed for the year.
Boosting their numbers.
It’s bad, but the American people still think their “leaders” are well-intentioned and probably will always feel that way.
I was just going to post precisely that.....Obama wants to tank the system.
Nobody is this stupid. Calling him stupid or economically illiterate merely gives him a pass.
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