Clinton embracing the ‘new’ economy and GDP growth above all, but New Dealers have always done this, they just haven’t said that GDP is the only thing of value.
I’d rather find of ways of going diagonal, for example, what we almost got in Dec. 2016, that if a person makes under $47,000, they’re eligible for overtime. Would really encourage corporations to spread out available jobs.
Yes, some people people currently working 60 hours a week on salary won’t be allowed by their employer to work overtime, and thus will effectively get a pay cut, and that’s the hard part.
But look at the jobs engine . . .
For every two people working 60 hours a week, that’s three jobs. For every three people working 53-and-a-third hours, that’s actually four jobs, etc.
If we can do this in 1989, for example, we might look for and find other smart ways to tame corporations.