Editorial Board

Did Obama Just Give You a Raise?

Not necessarily -- and his overtime pay expansion will be a burden on businesses.

More bread to go with those tomatoes?

Photographer: David Paul Morris/Bloomberg

President Barack Obama has plans to expand workers' entitlement to overtime pay. The move may be good politics -- putting Republicans in an awkward position and making nice with Democrats opposed to his free-trade agenda. But it isn't going to do workers much good.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.