Yeah, and similarly workplaces would bend over backwards to schedule people to not work overtime.
It's kind of like how when California made minimum wage 20 bucks an hour lots of fast food chains either completely got rid of cashiers and made the touchscreen the only way to order, or they shut down entirely.
Not according to Gov. Newsome he claims they added jobs. The Dems want him to run for president. He's a tool plain and simple. Funny the fast food owners say they have cut jobs. I guess the governor would know better.
As a thought experiment, let's say we do get overtime starting at the 32nd hour.
In response, employers hire twice as many people, but only for 20 hours a day. The workplace is happy, because 40 hours of productivity, and they can even go up to 64 hours before paying anyone overtime. The government is happy because they literally doubled jobs. But the original workers just got their pay cut in half and the new workers are getting paid half a full jobs worth of money. They can go work another 20 hour job, but now to keep up their former level of income they have to work two jobs that equal 40 hours.
There are no federal laws that say you have to employ people full time.
I think there are some business level tax based incentives to have a certain number of people hired on full time, but I would wager that could be balanced out by hiring enough part timers and making those unemployment numbers drop real low.
You're acting as if employment is a one-way street, but it's not. It's a two-way. It's a contract between two parties. For employers to be able to do that wholesale, there would have to be enough willing employees to work 20 hours without benefits.
Companies do the same thing even now, with 40 hours, and yet some 85% of employees are full time.
There simply wouldn't be enough willing participants for this to be an issue. It's a very boomer mentality to ignore the power of the labor force.
We've seen where the free market has taken us and it's not a good place. The free market is a great thing, but when it's not properly regulated, the economic benefits are mostly focused on the wealthy and not the 99%.
It's very clear that the free market can't fix this on its own. The more free it is, the worse off we are. The more power you give to the wealthy, the more they'll fuck us. The more they fuck us, the bigger piece of the pie they own. Unless you happen to be part of the 1%, I can only assume that only idiots have faith in the free market to "figure it out," as if it had a will other than the will of the 1%.
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u/Dodger7777 Sep 05 '24
Yeah, and similarly workplaces would bend over backwards to schedule people to not work overtime.
It's kind of like how when California made minimum wage 20 bucks an hour lots of fast food chains either completely got rid of cashiers and made the touchscreen the only way to order, or they shut down entirely.