I typically work 70 hours a week. The first 10 years out of college I worked 90 hours a week. I've never worked less than 60 hours a week.
Looks like you are getting a raise!
Thank President Obama when you get a chance
Me = Business owner
You = some Government useless employee
Of course my opinion on a law like this means less than yours because you prolly know how to run a business better than all business owners.
The reality is in fact that yes, if OT costs go up less people will be allowed to work OT. Like so many of Obama's policies, less hours will be worked per week, the average income will go down and companies will see bigger profits. This is because most (the vast majority) of business owners are not evil and greedy, they/we give people the hours they want and pay them what we can. Obama comes in and makes it impossible to afford that employee so we adjust, profits for us go up because the hours we put in go up. (Me I work 55-65 hours a week currently).
We simply can;t afford to keep motivated employee's working under Obama. We have to cut hours and find other part timers, meaning everyone is less motivated and everyone is making less money.
It's like the theory of evolution or gravity, but of course the faith based progressives will consult with their economic fairness bible over accepting reality.
My wife is on salary and I wouldn't be shocked if she makes near 3 times as much as you RW. I wonder if she wants her pay cut because you're jealous.