Wednesday, July 1, 2015

OBAMA’S OVERTIME MOVE IS A SCAM

MICKEY KAUS SAYS OBAMA’S OVERTIME MOVE IS A SCAM: “Isn’t that kind of pathetic? Obama’s increase (in the upper salary threshold covered by the overtime rule) may boost the pay of “nearly” 5 million workers. There are about 122 million workers in the U.S. economy — so according to my calculator the change will affect 4% of them. If that’s the biggest action Obama can take to help the middle class, it shows the severe limitations of his vaunted “pen and phone” strategy, no?” It’s not about actually helping. It’s about looking as if he’s helping to low information voters.

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