Tuesday, August 24, 2004
Overtime vs. Offshoring
Or let's call this entry having your economic cake and eating it too.
So overtime rules have changed and Moveon.org and the Kerry campaign are decrying the new rules because they give more leverage to employers.
Well do you want employees to be more expensive or do you want jobs to go overseas? Make up your mind. You can't have both. This is pretty simple cause and effect. Make employees more expensive; people will hire less; more jobs will go overseas.
Or let's call this entry having your economic cake and eating it too.
So overtime rules have changed and Moveon.org and the Kerry campaign are decrying the new rules because they give more leverage to employers.
Well do you want employees to be more expensive or do you want jobs to go overseas? Make up your mind. You can't have both. This is pretty simple cause and effect. Make employees more expensive; people will hire less; more jobs will go overseas.
