Please join me on a whirlwind tour around the zany world of modern leftism. Many stops are available, so the following ones were just the first ones I saw.
Seeing as President Obama and his fellow leftist ideologues can't permit themselves to stimulate the economy by getting the government off people's backs, they continue to resort to top-down methods to transfer wealth from certain groups to others. As such, the Department of Labor issued a new rule to guarantee overtime benefits for salaried workers earning less than $47,476 a year.
Forget the lack of constitutional authority to make this change; only old-fashioned sticklers care about that anymore. But be aware that just as with the mandatory minimum wage hike, the very workers who are ostensibly to benefit from this rule may be the ones who suffer — as employers may convert salaried workers to hourly workers to avoid prohibitive labor costs.
The rule may result in small net pay increases but will increase bureaucratic red tape, provide fewer advancement opportunities for employees and, some predict, create such unintended consequences as increasing tuition at colleges and universities. But liberals care more than you do, so quit dwelling on the negatives, aka reality.
Read more here
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.