Paul Ryan's Panties Are In A Bunch Over New Overtime Rules
Oh, noes! Speaker Zombie-Eyed-Granny-Starver is all in a snit today because President Obama released some truly awesome and long overdue rules on overtime which will actually put money in the pockets of workers starting December 1, 2016. Unless President Trump withdraws the regulation, of course.
The new rule basically doubles the baseline for when salaried workers must be paid overtime from $23,660 per year to $47,476 per year, which will help a lot of people Paul Ryan most wants to see starve. People like women working in low-level professional jobs and the like.
ABC News reports that Ryan released a statement confirming his disdain for the little folks who can't afford $350 bottles of wine.
“This regulation hurts the very people it alleges to help. Who is hurt most? Students, non-profit employees, and people starting a new career," Ryan wrote.
"By mandating overtime pay at a much higher salary threshold, many small businesses and non-profits will simply be unable to afford skilled workers and be forced to eliminate salaried positions, complete with benefits, altogether. For the sake of his own political legacy, President Obama is rushing through regulations -- like the overtime rule -- that will cause people to lose their livelihoods. We are committed to fighting this rule and the many others that would be an absolute disaster for our economy," he added.