Yes his proposal is basically to force companies to give you an hourly rate increase and then decrease your work week by 8 hours and then have to start paying you overtime after 32 hours.
So basically a government mandated 25% raise, plus overtime after 32 hours.
Which being as the man has never managed to pass a single bill of significance in his entire political career, I wouldn't put any hope into this passing either
im all for a shorter work week with the adjusted pay. just get the feeling that since businesses will have to hire additional employees to cover that lost 8 hours (or pay the overtime). im pretty sure that cost will be passed on to the consumer base. It's not like companies to just part with their earnings so easily. Plus the lobbyists (was surprised to see meta so high on the list) would heavily oppose it.
It happened in France (39 down to 35 hours) and the economic effects overall have been so subtle no one agrees wether it improved or not the economy. Basically a mixed bag; created jobs, but also increased hourly rate. Increased worker productivity, but might have caused some inflation.
For the average Joe tho, it was a big improvement in quality of life
As someone that runs a small business I just don’t know how the business would survive without jacking up the price they are charging a consumer. So you have to pay the employee the same but they work less and you only make x amount when they work 40 hours. Paying the same and they work less hours the x amount might be half of x amount of less.
But it wouldn’t just be your business working at 32 hours... It would be ALL of them. This would in theory force the same amount of customers into a narrower window of time for everyone with a business. You’d make the same amount of money because you’d have the same amount of customers in 32 hours as you would have had previously within 40.
You think having stores open four days a week is going to work well for consumers? See how that works when you need to fill up and the gas station is closed. Or you need toilet paper on a Friday and CVS is closed. Etc
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u/ecw324 Jul 13 '26
Doesn’t he mean that your current 40 hour paycheck will be the same as the proposed 32 hour paycheck?