{"id":83,"date":"2003-06-28T00:51:50","date_gmt":"2003-06-28T08:51:50","guid":{"rendered":"http:\/\/lianza.org\/blog\/?p=83"},"modified":"2003-06-28T00:51:50","modified_gmt":"2003-06-28T08:51:50","slug":"overtime-pay","status":"publish","type":"post","link":"https:\/\/lianza.org\/blog\/2003\/06\/28\/overtime-pay\/","title":{"rendered":"Overtime Pay"},"content":{"rendered":"

It’s articles like this<\/a> that really do get on my nerves. I hope this article didn’t intend to be a serious piece of non-biased journalism (at least it points out the fact that the source is a “liberal think tank”). The article basically says that a new government policy is going to cost 8 million people their overtime pay.<\/p>\n

A few notable quotes:<\/p>\n

…it would cost 2.5 million salaried employees and 5.5 million hourly employees their right to overtime pay.<\/i><\/p><\/blockquote>\n

The proposal could also cause workers to work longer hours, since the Labor Department doesn’t put any limit on the number of hours per week an employee must work<\/i><\/p><\/blockquote>\n

Now, if someone could point out where in the constitution it says people have a “right” to overtime pay I’d love to read more about that. Also, if someone can point out where under these new regulations it says employers CAN’T continue to pay overtime, that would be interesting to see too. Oh yes, and personally, and I hope for each person, I don’t want or need the government telling me how many or few hours I can work per week.<\/p>\n

What is really happening here -I hope- is that we’re seeing less<\/i> intrusion into our lives from the government. Not to drag the minimum wage argument in, but it’s virtually always the case that when the government keeps it’s nose out of what an employee and employer agree on for wages, the number of jobs available increases<\/i>. When the government (who is supposed to work for us) stops telling the private sector they have to pay $X, the market can agree on what the correct price is (typically lower) and can afford to offer more jobs based on supply (of employees) and demand (for the products\/services). The wages settle to equilibrium and employees will continue to gravitate towards jobs where the demand is higher.<\/p>\n

The article itself is picking up on a possible outcome of a given policy and calling it a negative thing simply because some people may get paid less. Well let me phrase it another way: government is undoing the wrongs that it has done. It is stepping back and letting the private sector determine what is right and fair.<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s articles like this that really do get on my nerves. I hope this article didn’t intend to be a serious piece of non-biased journalism (at least it points out the fact that the source is a “liberal think tank”). The article basically says that a new government policy is going to cost 8 million […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6],"tags":[],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-libertarian"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5TCqO-1l","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts\/83","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":0,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"wp:attachment":[{"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lianza.org\/blog\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}