Once again, President Obama has taken regulatory action that seems like it does one thing while it really does another. This, of course, isn’t limited to the Obama administration; this is basically the MO of the entire Democratic Party. Every idea they have comes with this haughty moral authority, and it’s sold to the public in terms they can’t resist. You don’t want to separate children from their immigrant parents, do you? You want to make sure everyone gets health insurance, right? You don’t want Iran to get a nuclear bomb, do you? And every time…well, you know the results.
Now Obama, through the Labor Department, has issued a directive on overtime pay that economists estimate will cost American businesses up to $2 billion. And it’s the same thing all over again. Guys, we’re going to make sure you get some money for all that time you’re putting in! Well, who can say no to that? If the Republicans are up in arms, it’s just proof that they’ll oppose everything this president does.
Well, no. Not really. Because at its heart, this is no different from any other expansion of government regulation. It makes it more cumbersome and more expensive to run a business in the United States. At a time when millions of Americans are waiting for politicians to finally bring some jobs back to the country, Obama is making sure even more businesses flee. Why does he think that the American economy needs so much “help?”
“These rules are a career killer. With the stroke of a pen, the Labor Department is demoting millions of workers,” said David French of the National Retail Federation.
If the rules go as Obama would like us to believe they will go, more than 4 millions workers will be in line for a big hike in their paychecks. But here’s the thing: these businesses aren’t sitting around on piles of money. They aren’t hoarding it away in some vault while their workers starve to death. If the government demands they pay more, they’ll either raise prices or cut hours.
Obama considers this second option acceptable, though. After all, wouldn’t a manager rather be at home with his kids than slaving away for no extra pay? Sure. But then again, that manager would probably rather be working than not. And if these regulations start putting companies out of business, overtime protections don’t mean a whole lot.