Good news everyone. Unfettered Captialism and Trickle Down Economics are going to get another go in the United States. It can't fail this time.
Take out the corporatist loopholes and it might actually have a shot.
Federal judge in Texas says "Ni!", grants preliminary injunction to the law that would have doubled the salary threshold for exempt status starting December 1st.
This should buy the business lobby just enough time for Republicans to take over and roll it all back. Crafty.
It was a terrible idea from the outset. Just a creation of more bureaucratic administrative inefficiencies that would destroy small businesses.
How was this a creation of new administrative inefficiencies? The existing rule set a floor of $23,600, Obama's EO raised that value to $47,476. Businesses have been working around this rule for a long, long time now, only with a different value set.
Someone's evidently never heard of "salaried exempt employees"...
Clearly I have as I referenced that the threshold is the only thing that's changed with regards to that law after Obama's EO, not anything else within that rule.
Clearly someone else has not heard of reading comprehension skills.
Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.Clearly you believe that every single small business deals with employees both above and below the threshold.
Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.
Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.
People have salaried positions for jobs that were never intended to be salaried, and then set to work hours that would have qualified as overtime without any other compensation. If these small businesses are making use of the loophole because the annual compensation value was set without any regards to inflationary pressure, then they've essentially decided to abuse their employees' work conditions. Is there any manager in this nation who's working for a salary less than $24K per year? Outside of Mississippi and Alabama, how many full-time managers are working for less than $47K per year?
I've no interest in destroying small business, but I've also no interest in exploiting loopholes set by short-sighted legislators when creating compensation law.
You're arguing with a guy who reads InfoWars for his news.
Have you ever even owned a small business before?
Without saying as much, Amazon.com has setup a grocery store with the ability to counteract the rising costs of labor, especially getting ahead of expected increases to the minimum wage. Jeff Bezos's prototype store requires no cashiers, instead the store tracks you while you shop and automatically charges customers for their goods as they leave.
Without saying as much, Amazon.com has setup a grocery store with the ability to counteract the rising costs of labor, especially getting ahead of expected increases to the minimum wage. Jeff Bezos's prototype store requires no cashiers, instead the store tracks you while you shop and automatically charges customers for their goods as they leave.
Thanks TPP!
I have no idea what TPP means.