Current politics

Is the reason Bush is pushing the change in the overtime rules is so that we can gradually become competitive with the 3rd world? You know, the place where all our jobs are going? (Why is it still "Third World", when the so-called "Second World" – the Communist world, is now reduced to our major trading partner, China? And North Korea and Cuba, who the administration is trying hard to ignore.) Wages have been dropping in terms of real spending power, for a long time. This sort of move will send it spiraling down. It's a bleak picture.

Does this make sense or have I been reading too much of Al Franken's new book, paired with MoveOn alerts?