More Obama Job Distortions Loom: Overtime Pay Threshold Doubled

by Michael Shedlock via MishTalk.com,
ZeroHedge.com
05/18/2016

Not satisfied with economic distortions resulting from the redefinition of full-time employment to 30 hours for Obamacare purposes but 32 hours for every other purpose, President Obama is back at it. Today, by executive order, Obama doubled the threshold for overtime pay to $47,476 a year. The Labor Department estimates the ruling will affect 4.2 million workers.

The Rest…HERE

This entry was posted on Wednesday, May 18th, 2016 at 10:32 am and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.