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The next month, the DOL issued a new interpretation of the FLSA, stressing that the federal economic realities test was vital to the economy, and that it trumped whatever might be defined in a preexisting contract between worker and employer.
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Well, Robin Hood in the New Age, after a painful reality test.
"Performing is a great reality test," he told Newsweek in 1975.
But he added that he regarded the restructuring as "a reality test for us".
To be fair, however, to those bullish on Westchester housing prices, I did consider a reality test.
Robert Solow, a Nobel economics prizewinner, acknowledges that people needed to be made to stand back and ensure some reality test was passed "but I wish Galbraith didn't feel obligated to make fun of academic economists".
As Pietro Nivola of the Brookings Institution writes, "Whatever our sprawling suburbia's multiple shortcomings, weighing them requires a reality test, not an invidious comparison with Utopia .America's demographic challenge provides that test.
In the case of Dr Schön's results, several of which had technologists licking their lips in anticipation of the inventions that might flow from them, the reality test was going to be enormous.
One step they advocate is to regularly perform a simple reality test.
Here's another reality test: Between them, Exxon Mobil, Chevron and ConocoPhillips have 1.72% of the world's oil reserves.
A big reality test comes when the results of the ACTs, taken recently by juniors, come in.
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