The Obamafolk are reported readying the issue of regulations that will substantially boost overtime pay by increasing the numbers of workers qualified to receive it. Workers will be expected to be happy over this. They are not supposed to notice that in such slow demand times as we now see, overtime hours are scarce. For the goodies to materialize, a busier economy will be needed. Employers however, will notice the fact. They will continue to contribute to Democrats.
Meantime this Obama Administration of worker’s friends is free to continue importing record numbers of aliens to compete with domestic workers by accepting lower wages. The Obamafolkcan pose as pro-labor while pushing wages down at the same time, an unfortunately necessary act if America is to return to competitiveness in the world’s markets. Politicians well know this fact but none wants it attached to his/her/its name. And as good little Matthusians, none can admit the possibility of technological rescue from this economic trap.
The also rely upon the economic ignorance of voters; seeing the illusion of more pay, workers are expected to overlook the uncomfortable fact that they will be the ones providing the extra worker pay via higher prices for the goods and services provided by those workers. That is probably a safe political assumption; workers to date have failed to make the connection. Pay rises: prices rise because of it; any gain is illusion. So the game goes on.
If the Republicans try to point this out; they will be anti-labor. It’s a win – win tactic for Democrats. Who will point to the increased imports of Chinese goods that used to be made in the U.S. until they came to cost too much? We note the current push for a $15 an hour minimum wage in the fast food industry, disregarding the new robots that make faster and better burgers than can human hands.
Our species has an amazing capacity for ignoring any reality whose result is unwanted. We recall the ancient Chinese story of the wandering dragon reported in the vicinity of the village. Village elders convened to decide what to do. Both flight and fight were urged; but the cost of either was seen as too high. Ultimately, the decision was to do nothing, hoping that if they ignore the dragon, it might go away. (The dragon enjoyed a nice lunc.)
Just as the wellbeing of American workers makes a nice lunch for the politicians …