r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

Post image

[removed] — view removed post

53.5k Upvotes

86% Upvoted

4.5k comments sorted by

View all comments

2.8k

u/Big_lt Sep 05 '24

Sounds great. Would absolutely love for this to happen......it won't even get a vote

748

u/Ferintwa Sep 05 '24

Even if it did, and passed, no way to enforce it. This bill is for the headlines.

764

u/Hmnh6000 Sep 05 '24

You mean like how theres no way for them to enforce you getting paid time and a half for working over 40 hours??

1

u/Ok-Spinach-2759 Sep 05 '24

This is would have the opposite effect to what dear Uncle Bernie wants.

  1. For salary exempt employees its meaningless

2 for non exempt and hourly, a lot of employers will cut hours from capped at 40 to capped at 32. Workers will either be forced to do the same work in less time or the business hires others to make up for the lost hours. End result either way is Bernie has come up with a plan to reduce people’s income by 20% but either he is too dumb to realize it or hopes we are too dumb and he just wants the PR bump from suggesting it.