>> it does, but what we've founder respecfoundwith respecte minimum wage is that you end up with a more productive workforce when you're treating people well. when people feel like they're being treated fairly and compensated for a hard day's work they're loyal for their companies, and ultimately that's better for the economy. so the president has standing behind him when he signed this order workers who were effected by over time for whom it makes a vital difference for their families, and employers who believe this is a right way to grow a healthy business and healthy economy. >> director of the domestic policy council, great to have you with us. >> thank you so much. >> when we return we'll dive further in the issue of over time pay an and low wage worker. stay with us. >> welcome back to inside story. i'm ray suarez. we're talking about one of president obama's efforts to address income inequality in this country. in this case changing the rules governing pay and overtime work. for a further understanding of the issue we're joined by chief economist for the afl/cio, and laurie sande