The bill, in brief, is worse than meritless; it is a fraud. According to its Republican backers, it’s an expression in legislative form of how much they care for families, work-life balance and, in particular, working women. If this is caring, I would hate to see what contempt looks like.
The bill would amend long-standing labor law by allowing private-sector employers to offer compensatory time off in lieu of time-and-a-half pay for overtime. Employers and workers are supposed to agree on the arrangement, but there is nothing to stop an employer from discriminating against those who prefer payment by cutting back on their overtime hours. Nor would employers face any real deterrent against forcing unpaid overtime on workers who fear losing their jobs if they object. The recourse for coerced workers would be to sue, a far-fetched and unaffordable option for most people.
For employers, then, the bill is a way to impose extra work at no additional cost, effectively shifting what would otherwise be worker pay into corporate profits.
For employees who won’t work overtime without extra compensation, the likely result would be fewer hours and overall less pay. For those who will, the likely result would be greater unpredictability in scheduling, which only creates more work stress, as well as higher costs for work related expenses like child care, but with no additional money to meet those expenses.
We have existing laws — Title VII, um, Lilly Ledbetter, all those existing protections in place — that, I believe, enforce and provide that people doing equal jobs are, certainly in this country, should receive equal pay. So, uh, that bill, in my view, didn’t add — in fact I think it created a lot of additional burdens that would have been hard, um, to make it more difficult for job creators to create jobs… . The reason that I voted against that specific bill is that, I looked at it, and there were already existing laws that need to be enforced and can be enforced and I didn’t feel like adding that layer was going to help us better get at the equal pay issue.
Someone thinks that she is made of Teflon….
Dow 14,000 to me is a taunt; it’s a reminder that most Americans are working harder (or more efficiently) for essentially no more money, while the companies they work for prosper wildly (without sharing or hiring) and while investors in those companies watch their wealth balloon.
All the while, the plight of the American worker is treated as little more than a political piñata. The right says the problem is that the left requires companies to pay taxes to do business in the country. If only taxes could go away or be reduced, companies would start hiring madly and peace and prosperity would wash over the land.
The left says the problem is that the right is strangling government spending, restricting rivers of cash that would flow out of Washington, efficiently sweeping up the unemployed and depositing them into productive well-paying jobs.
One guy gets it…and he gets buried far off of the front page of the news or business section.
February’s numbers were better than the average job creation for the previous three months. But don’t break out the bubbly. We are still in a debilitating jobs recession. As these charts show, while corporate profits and the stock market are setting records, we still have 3 million fewer jobs than we had at the start of the recession. In a typical post-war recovery, the U.S. economy now would have had about 10 million more jobs than at the recession’s start.
A journalist would have to be digging for this kind of information instead of the usual story about the fireworks that are erupting for the Casino Economy.
Making $2.15 an hour certainly does sound worse than today’s minimum wage, which federal law mandates must be at least $7.25 an hour. But what Blackburn didn’t realize is that she accidentally undermined her own argument, since the value of the dollar has changed immensely since her teenage years. Blackburn was born in 1952, so she likely took that retail job at some point between 1968 and 1970. And according to the Bureau of Labor Statistics’ inflation calculator, the $2.15 an hour Blackburn made then is worth somewhere between $12.72 and $14.18 an hour in today’s dollars, depending on which year she started.