President Obama signed an order that required the federal contractors to pay sick employees up to seven days a year. When addressing the union audience on labor Day Obama he berated the people in congress that they were trying to shut down taxpayer financing for Planned Parenthood. Obama's executive order on paid leave was to appeal to his union base. Unfortunately, this won't have any significance until after Obama's presidency around 2017. What Obama hopes for is that it will set a bar for state and local government to expand their leave policies.
http://www.nytimes.com/2015/09/08/us/politics/obama-to-require-federal-contractors-to-provide-paid-sick-leave.html?ref=us&_r=0
3 comments:
I'm not exactly sure if this order will set the precedent for for state and local governments to expand their sick leave. On this note, I think extended sick leave is good for an economy. It can help families stabilize their income better. Also, it can help increase spending and increase output. Although it is a burden to businesses to pay this, I think it is beneficial to the economy.
I agree with Aaron about how this is beneficial for both the economy and families. It is especially helpful for families because it increases there income, which leads to spending. That spending will help the economy. I do think that this will not last long though because companies will not want to pay workers for all those sick days. They will want those days reduced.
I always think that extended leave is good. It's ludicrous that most European countries get around 20-25 days of paid vacation along with sick days as compared to what we get. I am a big advocate for increases in paid time off and increased sick days. More leave will cause workers to be more content and satisfied. In turn, one would hope this will increase productivity. At the least, it will make union workers happier with their jobs.
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