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There's Always Money for the Boss
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July 6, 2015 | ECONOMY | huffingtonpost.com Businesses always find big bucks for the boss. He wants a raise; he gets it. No problem. For workers whose sweat of the brow produces profits, well, somehow there’s never a cent for them. In fact, last week when President Obama proposed making more workers eligible for overtime pay, fat cats and CEO sycophants expressed abject horror that companies may have to pay employees more when they work more. No way could they pay, they protested! The proposed rule would bankrupt America, they raged. It’s not humanly possible, they fumed, for corporations that pad CEO paychecks with millions in bonuses to also manage to pay time and a half when workers labor more than 40 hours a week. Can’t be done, they cried! Well, except that it has been done since 1938. Continue reading.
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