Obama plans to expand overtime eligibility for millions of workers

[JakeStarkey]

This is something that was long overdue.

Obama plans to expand overtime eligibility for millions of workers - Yahoo News

 

[Geaux4it]

This is something that was long overdue.

Obama plans to expand overtime eligibility for millions of workers - Yahoo News

Another dumb socialist idea

-Geaux

 

[rightwinger]

the proposal would more than double the maximum income a salaried worker can earn and still be eligible for overtime pay to $50,440, or $970 a week. The current threshold is $23,660.

Once again management has been abusing the rules and claiming that those that earn $23,661 are "managers" an ineligible for overtime

 

[JakeStarkey]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

 

[Geaux4it]

the proposal would more than double the maximum income a salaried worker can earn and still be eligible for overtime pay to $50,440, or $970 a week. The current threshold is $23,660.

Once again management has been abusing the rules and claiming that those that earn $23,661 are "managers" an ineligible for overtime

Well, just the hell why not? Obama calls 26 year old men and women. 'children'

-Geaux

 

[Geaux4it]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

 

[JakeStarkey]

the proposal would more than double the maximum income a salaried worker can earn and still be eligible for overtime pay to $50,440, or $970 a week. The current threshold is $23,660.

Once again management has been abusing the rules and claiming that those that earn $23,661 are "managers" an ineligible for overtime

Well, just the hell why not? Obama calls 26 year old men and women. 'children' -Geaux

Your depends pinching you again?

 

[rightwinger]

the proposal would more than double the maximum income a salaried worker can earn and still be eligible for overtime pay to $50,440, or $970 a week. The current threshold is $23,660.

Once again management has been abusing the rules and claiming that those that earn $23,661 are "managers" an ineligible for overtime

Well, just the hell why not? Obama calls 26 year old men and women. 'children'

-Geaux

They are not children

Obamacare was once again having to compensate for abusive employer practices of hiring young employees as "temps" with no benefits

If employers were offering full healthcare to new employees, he would not have had to do that

 

[Wyatt earp]

Billy already started a thread on this

Obama pushes OT pay for 5 million more American workers US Message Board - Political Discussion Forum

 

[JakeStarkey]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You never have heard of 'passing the cost to the consumer' I take it That's why you're a liberal with a limited understanding of economics -Geaux

The passing the cost will not exceed the expense output, which allows the consumer to spend as he wishes. Market forces work best when consumer power stays with the consumer.

 

[rightwinger]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

 

[JakeStarkey]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Consumers, not owners, are the real job makers.

 

[Geaux4it]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Let's do the math...

If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.

But wait, I just raised the cost of said burger $1.25.

See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.

In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT

-Geaux

 

[JakeStarkey]

The math shows that if consumers have more money in a consumer economy the better the economy works and the more the owners and workers have.

Good market forces do the best for all.

I don't mind educating Geaux, but I expect him to be honest.

 

[rightwinger]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Let's do the math...

If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.

But wait, I just raised the cost of said burger $1.25.

See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.

In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT

-Geaux

OK lets do the math:

Calling a $23,661 burger flipper a "manager" means you can force him to work overtime and weekends at no pay.

With the money you save on wages, do you:

a. charge less for your burgers
b. keep the extra profit

 

[Geaux4it]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Let's do the math...

If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.

But wait, I just raised the cost of said burger $1.25.

See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.

In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT

-Geaux

OK lets do the math:

Calling a $23,661 burger flipper a "manager" means you can force him to work overtime and weekends at no pay.

With the money you save on wages, do you:

a. charge less for your burgers
b. keep the extra profit

As we say, You have no need to know.

That's why you're an employee who works willingly and are free to take your skills and talents to an industry that maximizes your return

-Geaux

 

[Geaux4it]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Let's do the math...

If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.

But wait, I just raised the cost of said burger $1.25.

See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.

In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT

-Geaux

OK lets do the math:

Calling a $23,661 burger flipper a "manager" means you can force him to work overtime and weekends at no pay.

With the money you save on wages, do you:

a. charge less for your burgers
b. keep the extra profit

Where's the savings? By not increasing a cost does not equate to a savings. The margin is already factored into the business decision thus, $23,661 it is

-Geaux

 

[Dragonlady]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

It's you who seems to have a poor grasp of economics. The workers in a consumer economy are maxed out. The corporations have sucked all of the disposable income out of the working and middle class by suppressing wages and having workers work longer and longer hours for no increase in pay, while prices for basic needs have risen.

Corporations are awash in cash. Profit levels are at the highest level ever. Wages, as a cost of doing business, are at their lowest level ever. These two statements are directly related.

It is time for employers to start paying fair wages to their employees. Past time really.

This is a basic economics lesson you need to learn.

 

[Geaux4it]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

It's you who seems to have a poor grasp of economics. The workers in a consumer economy are maxed out. The corporations have sucked all of the disposable income out of the working and middle class by suppressing wages and having workers work longer and longer hours for no increase in pay, while prices for basic needs have risen.

Corporations are awash in cash. Profit levels are at the highest level ever. Wages, as a cost of doing business, are at their lowest level ever. These two statements are directly related.

It is time for employers to start paying fair wages to their employees. Past time really.

This is a basic economics lesson you need to learn.

FAIL

Like Unions who promote your flawed understanding of Economics

-Geaux

 

[rightwinger]

There is nothing socialist about the change.

Geaux has an extremely limited vocabulary and understanding.

In a consumer economy, the more money the working consumers have to spend, everyone, including owners, are better off.

You've never heard of 'passing on the cost to the consumer' I take it

That's why you're a liberal with a limited understanding of economics

-Geaux

The cost of paying a fair wage? Paying for overtime is a fair wage

Yes, that is how it is supposed to be

Let's do the math...

If as lefty Jake retorts, paying employee 'A' more money equates to more cash flow into the machine. Say you made an extra $1/hr for an hour OT, so now that you have the extra cash, you decide to go get that Bacon Burger you might not have purchased before the OT.

But wait, I just raised the cost of said burger $1.25.

See what I did there? The LIV thinks he is getting ahead but in actuality, he's just as stupid as he was when Barney Frank set him up to take a loan he couldn't afford to buy that dream home.

In summary, Employee 'A' purchased a burger that was still cost prohibitive even with the OT

-Geaux

OK lets do the math:

Calling a $23,661 burger flipper a "manager" means you can force him to work overtime and weekends at no pay.

With the money you save on wages, do you:

a. charge less for your burgers
b. keep the extra profit

Where's the savings? By not increasing a cost does not equate to a savings. The margin is already factored into the business decision thus, $23,661 it is

-Geaux

The savings come from forcing a low waged worker to work for free while you pocket the profit

Capitalism at its best