Just a vote-buying tactic
President Barack Obama has taken vote-buying for himself and his Democratic Party to a new high in politics. Last week, through an announcement by Vice President Joe Biden in Columbus, Ohio, he made a bid for 4.2 million new loyalists.
Biden announced the White House is ordering sweeping changes in rules for overtime pay affecting salaried workers. Many of them are not eligible. But for those who are, current rules exempt those with salaries of $23,660 and above.
Obama will more than double that to $47,500, making about 4.2 million more people eligible for overtime pay for working more than 40 hours a week.
That should put $1.2 billion a year more into the pockets of those affected, Biden bragged.
That averages less than $300 per worker, which will be eaten up by inflation resulting from Obama’s other policies. Many of the alleged beneficiaries need more than $300 to cover health insurance costs – as a direct result of Obamacare.
To curb that inflation, many companies will have to make changes, perhaps cutting payrolls.
Obama wants us to believe money grows on trees. It does not. We all – not just the rich – pay for his social engineering, vote-buying policies.
Slowly but certainly, however, as evidenced by the current campaign for president, voters are wising up. The payback for deceptions by Obama and other liberals is on the horizon.