Obama says proposal will make 5 million more eligible for OT

The Associated Press ^ | June 29, 2015 | AP

[E. Pluribus Unum]

WASHINGTON -- President Barack Obama says too many Americans are working long days for less pay than they deserve because of outdated rules on overtime pay.

Obama is unveiling a proposal to require overtime pay for workers who earn nearly $1,000 per week. That's more than double the current threshold. Obama says it would extend overtime protection to about 5 million workers.

Obama says the proposal is good for workers and good for business owners who pay their employees what they deserve. He says that's because those companies will no longer be undercut by competitors who are paying workers less.

[Paladin2]

0bama should have to pay an undertime tax.

[TurboZamboni]

hard to get OT on 29 hours a week.

[rockinqsranch]

NOT satire. I don’t see the word satire in key words, or topics, or anywhere.

The guy is on drugs. Gotta be.

[allendale]

What do you expect? Obama believes that social justice can be achieved through redistribution schemes. The greatest correlation with the establishment of social justice is the creation of real wealth through productive capitalism. Obama , the community organizer, loathes capitalism and understands it less. Redistribution schemes historically perpetuate poverty and political instability.

[Fungi]

The feckless one continues ad nauseam lies.......

[the_daug]

I would like to bank hours so I can take of once in a while.

[the_daug]

err off

[MUDDOG]

They don’t want OT. They want freebies from Obama’s stash.

[Texas Eagle]

So is that how RuBama paid his employees when he ran his business?

Oh. Wait.

[PGR88]

How exactly does Obama deem that private companies should suddenly start paying more salary?

Here we go - more unemployment. Thank God we have a Federal Reserve which can manipulate interest rates, print money and monetize debt to support it all.

[Sacajaweau]

These things always backfire. They just call in temps and the worker loses the extra bucks.

[Ray76]

Very generous with other people’s money.

[Secret Agent Man]

Not the government’s role to determine this.

[ETL]

How exactly does Obama deem that private companies should suddenly start paying more salary?

Maybe he wants to force private businesses out of business.

[exit82]

Obama has never worked overtime in his entire life.

[Steely Tom]

Obama’s trying to implement the full Greece model.

[stylin19a]

increase in minimum wage. Increase in overtime pay scale.
Nobody mentions that with it - income taxes get increased and the feds generate more tax revenue without actually increasing taxes.

[PROCON]

Obama says....

[smokingfrog]

Pretty much any idea this self-proclaimed genius comes up with is going to be a job killer. Probably because he is a little too awesome.