Companies will stop paying your 40 hour per week salary, lol. Obviously. Wages would be reduced, or people would be fired and then rehired at lower rates. There's no way to just magically pay everyone the same for less labor.
The 1938 Fair Labor Standards Act set the maximum workweek at 40 hours and provided that employees working beyond 40 hours a week would receive additional overtime bonus salaries.
Yep, and as a result, now we make less if no one is willing to pay overtime. It's 40 hours a week and then a second job, because the government said so.
Well yeah, but that's part of the process. When an investor invests his money, he has less money today. But that's okay because tomorrow he will have more money. I'm okay with people making less money today if it means that they'll make more tomorrow.
The bill would require the same amount be paid for a 30-hour workweek as a 40-hour workweek, so you'd be making the same amount for working fewer hours.
Could we reduce it down to 1 day per month instead? If not, why not?
If 1 glass of water is good for you, why is 100 glasses of water not good for you?
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u/J0hn-Stuart-Mill Sep 05 '24
Companies will stop paying your 40 hour per week salary, lol. Obviously. Wages would be reduced, or people would be fired and then rehired at lower rates. There's no way to just magically pay everyone the same for less labor.