President Obama is doing something positive great hey
for the american workers for jobs terrific okay
by who what he did was it sudden here I'm gonna change piece a regulation
that affects how much over time people can get paid
in different categories so I'll let the hill explain here
current relations require employers to pay overtime to salaried workers me less
important fifty-five dollars a week
Obama's proposal would redefine which employees can
be classified as executive a professional and thus
ineligible for overtime pay now if you're confused by the don't be it's
very simple actually
what auto companies do a special pass which changes the
call you management even tho you're no such thing so they don't have to abide
by the rules saying that if you have are
go in overtime gonna be have to be paid extra or paid at all
before your manager may not get paid for overtime here a little bit more
information from the help
but actually expand the spear eligible employees to include for instance
fast-food shift supervisors and some office workers now being denied
overtime pay apparently fast food companies are legendary for calling
people
this is that managers which just means that we get the screw you more
K booyah promoted and that means the work overtime for free
well not anymore in fact this law could affect
10 million workers so obviously is not gonna be a lot of people
who are going to be justly paid for the overtime
that they are working great so who's mad about it
of course boxing's so let's go to actually one of their most
in knowing on-air contributors I know that's a tough title the gravid Fox News
stuart varney sick we should put this in perspective
in my opinion this is a vast expansion
the government's power to dictate income
in the private sector this is redistribution by
executive border soon as saying yeah you will
do this so you don't think this helps the economy know what I think helps the
economy at all
I I love how bill hemmer plays a straight man there on Fox News
so softball you don't think this helps economy no I don't
all really home what's interesting Wow okay Obama hurting the economy you're in
your purse on Fox News
well we did hear non-blacks steps that's for sure all right now to the
hard argument of wealth redistribution
she stewart's past because he thought that was only for republicans
beers with a reduced through the water topless will see lower the taxes on the
rich lower the taxes on corporations
yours was a %um subsidies like four billion dollars at bare minimum that we
give the oil companies
every single year in subsidies that redistribution a Los to Ronnie laws but
an extra help
and bio in this case a middle-class workers
%ah the bombs idea of course they want more money
for their work but not only is it work now only are they obviously employed
its overtime work people working really hard
mister rights are not a nation edition ya thats redistribution
should be my pocket of my buddies pockets who
who likes these guys you watch Fox News are you all millionaires or billionaires
if this case trying deny you over time big new justly work for
your daughter to go through a lot lol good for you do you think my wanting you
to millions into a ride
here's more from his ass why should an employer
expand in this environment what he's being told by the government
you gotta pay more for health care you gotta pay more in salary
you gonna pay more in wages why would you expand your business when the cost
of labor is going straight through the roof
well because you got a good business going for example were growing here the
young turks
UNM had no time and we had a conversation about well if we hire
someone would have to pay them
Cup all goals or scope or if you have to pay them
that's because you're expanding that's a good thing and nobody ever says in an
expanding business hey you know what
let's stop expanding what stop trying to make money let's stop trying to grow our
business
because then we would have to share with the people who actually work in a
business
like would you pick take into account
amount of money you pay people of course you do right
but if there is a minimum wage you pay it if he if somebody worked overtime to
pay
all this is a different situation for example this so don't get us wrong
this still does not apply to actual managers people in
that have stock options or in management or
likely this won't affect anyone making about fifty thousand dollars
they haven't said the number yet less likely to be the number so is only for
people making under 50,000 miles who are working hard
to try to get more money for their family okay own oh no I do that now
but missus what's up immediately and say we have no we don't want to make money
anymore
because Obama's heard appealing to those overtime pay
him or her mischievous now the other side of the coin is
the president is buying votes his commanding
higher salaries for millions of people right before the election
don't you think that those millions of people will be grateful and say thanks
for the pay raise mister president
on voting Democrat in due to think about in the end it's inching point as well
if I was present United States facing a very difficult election
I would do precisely this and I would say do it now
because it is buying votes well thats exactly what you do in fact that the
republicans do all the time
may go and they do favors for people who get them in office and the case for
President Obama the Democrats
from time to time its actual voters in case the republicans as donors
do they do them special favors as a regular course
business that's why stuart varney says right if I was him I would try to bribe
people
because that's what conservatives know they shouldn't as a conservative and
ideologies in new at all
but present the republicans they love that so but this is his way of saying
you know what are you doing here trying to bribe poor people what what what no
blaze
I guess again as if their bombs when in fact they're working they're working
overtime
so look is there some politics involved is in this movie is parties involved in
every move okay don't be naive about that but it is a movie on policy grounds
that actually helps working americans great
of course that's why parks news is deeply upset about it in for
bill hammer with the onto all over really are the three men all yellow in
turning everything right
Obama substrates or money oh yeah a good point are not all businesses will hire
you write stories
that certain Here I am news anchor right I one last one from this ass
let me take you back to Google K in the the Holy Days Inn Google
bad all kinds of the youngsters opened coming strivers who would work day and
night
so that that's how they built the company tech startups with really
drive to succeed and Clyde not food chain
now if you bring this in those high-tech workers who started all the brilliant
companies
to be on the clock into these overnight created meetings
they'll be set hope I just I just exceeded my 40 hours
I am do overtime I don't get it I'm gonna sue
can you imagine the number retroactive lawsuits
all kinds of people who were eligible for overtime
didn't get it now say come off pay up since oppose me like a business analyst
for them
that's not going to work at all I those guys have stock options so
they weren't like workers who were flippin burger
spur cook in a french fries are rearranging the shelves on Walmart
and they all got incredibly well BB youngsters who is striving in the
beginning on I'll
millionaires so you don't know what the hell you're talking about
his the whole point is stuart varney is to come out there and bash
anyone who's a middle-class American here trying to help them
and find a way to show me the money to his millionaire and billionaire Prince
is a despicable guy the other day came out and was outrage that
some governors including some Republican governors were helping people keep
people on
have food stamps his ex I would you take the food
let my house sick how and who ru pace at eight million dollars on a 10-year
s how else I got plenty a waste
like I said at our bare minimum the oil subsidies
are four billion dollars a year that i've seen numbers up to fourteen billion
dollars a year
well I think a minimum number two years while subsidies get rid a boom
that's ten years a food stamps but of course stuart varney would find that out
rages how
here you touch is oil baron friends in order to help poor and middle class
people
actually working for a living