Recession, unemployment and overtime

Discussion in 'World Events' started by Johnny Bravo, Apr 19, 2003.

  1. Johnny Bravo Registered Senior Member

    Messages:
    272
    This could be a free-for-all about whats REALLY important to all Americans.

    Starting with-
    the Revised Fair Standard Act Exemption-Paramedic's, police detectivews, news
    paper reporters, fire sergents, manufacturing plant formen, secretaries and many others could be denied overtime. Depending on how employers interpet the rules.
    If you make over $425 or $22100 before taxes it's straight time- no
    overtime.
    This is going to apply to more that your standard executives, administrators, and professionals.

    Also,
    Has a family member or close friend, been laid off? Are you eeking by on unemployment or has it been exhausted?
    Did you lose your retirement and all medical insurance?
    Do you notice tension in the work place because the free falling economy?
    Are you a graduate from college thats looking for work? High school?
     
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  3. zanket Human Valued Senior Member

    Messages:
    3,777
    Also,
    Has anyone seen those tax cuts reduce their tax rate?
     
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  5. Vortexx Skull & Bones Spokesman Registered Senior Member

    Messages:
    2,242
    ...Yes me, but I was a millionaire already
     
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  7. justiceusa Registered Senior Member

    Messages:
    908
    shhh don't mention the economy everyone is distracted by the war.
     
  8. Coldrake Registered Senior Member

    Messages:
    808
    Nah, it's cool. The media is already refocused on the Laci peterson murder. The war's become passe.
     
  9. Johnny Bravo Registered Senior Member

    Messages:
    272
    Yah,
    Let's say that work has slowed down to the point
    that your employer is asking you to take time off
    or be laid off.
    Less tax to pay..
     

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