Executive Order 13658, Reducing Costs By Raising Them

How do you get “increase efficiency and cost savings?” According to our community organizer president, you do it by increasing labor cost on contractors. You heard it right. You save costs, by raising them. By Executive Order 13568. But only to contractors doing business with the federal government. According to Labor Secretary Thomas Perez, the executive order, which will go into effect on Jan. 1, 2015, will benefit “hundreds of thousands of workers.” A little over two of them. The president says 2,000,000 but, you have to consider the source.

What this amounts to is political fluff, throwing a bone to the low-information crowd, giving the appearance that he’s helping the “working people.” There’s no point in trying to improve the economy now. There never was. There’s an election coming.

Link: Notice of Proposed Rulemaking: Executive Order 13658, Establishing a Minimum Wage for Contractors – Wage and Hour Division (WHD) – U.S. Department of Labor.