It was the labor movement, it was people just like us who passed this. But the unfortunate news is that since 1938, corporations profits have kept going up, but wages have not kept going up. And that The labor movement passed this law, the overtime law, in 1938, but we have not updated how much it pays since 1938, 88 years. Prices have gone up, profits have gone up, CEO pay has gone up, but the overtime rate has stayed the same. And it's time for that to change. (11:46–11:58)
CLAIM
Asserts that the overtime pay rate has not been updated since 1938.
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