Trump Just Cut The Wages Of 4.2 Million Workers The Day After Labor Day
The U.S. Justice Department today said it will abandon efforts to appeal a ruling by a Texas judge that put on hold an order by President Obama that greatly increased the number of workers who should receive overtime pay by making it harder for corporations to pretend they are actually white collar supervisors who are exempt from wage rules.
The impact is that with a shrug and a wink at the big companies,
Trump has slashed the wages for millions of workers,
and cost many of them payments due for work already done under the old rules which were enacted under President George W. Bush.
“The Obama overtime rule provided protections to workers who were listed in bogus salaried positons
in the service, retail, and other sectors of the economy as a way to avoid having to pay employees overtime,” reporter and lawyer Chris Opfer wrote for Bloomberg BNA.
President Obama pushed the rule when it became clear the Republican controlled Congress would never raise the minimum wage for those in economic terms who are at the bottom of the labor pool.
“President Obama raised wages for 4.2 million workers with this rule,” adds Opfer. “Donald Turmp will slice those wages so that the money can go back into the hands of corporations.”
http://occupydemocrats.com/2017/09/05/trump-just-cut-wages-4-2-million-workers-day-labor-day/
How many of these 4.2 million SCREWED employees voted for Trash? 