*Fox Business host Stuart Varney on Thursday asserted that paying overtime could stifle companies like Google, and that a proposed White House change to overtime rules was essentially “buying votes.”
Bloomberg News reported this week that the Obama administration was considering directing the Labor Department to make more American workers eligible for overtime pay. The rule change was expected to target fast food and retail companies which often label workers as “supervisors” or “managers” so they do not have to be paid for more than 40 hours of work.
The Washington-based Economic Policy Institute has said it supports the rule change for workers who make less than $50,000…* The Young Turks host Cenk Uygur breaks it down.
*Read more here from David Edwards / The Raw Story: http://www.rawstory.com/rs/2014/03/13/fox-host-overtime-pay-isnt-fair-to-companies-because-it-makes-employees-too-greedy/