On 12/25/2014 5:32 PM, F. George McDuffee wrote:
On Wed, 24 Dec 2014 02:20:00 -0500, Ed Huntress
wrote:

Nick Hanauer, a multi-billionaire who made his money in the new
economy, explains the financial situation we middle-class folks are
in, and why our real incomes are falling; who the real job-creators
are; and why the stock market is going through the roof.

This will either make your head spin or make you punch a hole in your
drywall. Unka' George, this is for you:

http://tinyurl.com/n2x5ajb

Key take away:

"Only Americans who make less than $23,660 a year are
automatically eligible for time-and-a-half pay after working
40 hours a week. "

As I read it, this applies to salaried employees, not hourly employees.
Lots of hourly workers are making much more than $23,660 a year.

Are there salaried employees working full time and making only $23,660?

That amount over 52 40 hour weeks is $11.375 an hour.

David