As I have written about many times on this blog, pay equity in particular is a gigantic lie. I just wrote about this very thing a couple of weeks ago: Once again, liberals insisting in the bogus notion that women still earn much less than men even though they are better educated. NOT TRUE! Fact is, the statistics are being gamed by liberals to show something that isn't really there. Employers want to hire the best qualified employees and those that would not hire a more qualified woman than a less qualified man are going to be out of business because those better qualified women will end up working for a competitor. Thomas Sowell, a brilliant economist, has produced many columns on the subject. He wrote an entire book on the subject: Economic Facts and Fallacies. You can look around on the web for some interesting snippets, but here are just a few:
Q: We’ve frequently heard, and will hear much more I am sure if Hillary is the Democratic nominee, that women make 76 cents for every dollar a man makes. Can you give us a basic rundown of why that discrepancy exists?A very reasonable explanation, no? Here's a short video of an interview with Sowell:
A: There are lots of reasons. Men and women do not work the same number of hours. They do not work in the same occupations. They do not work continuously the same, and so on.
You know, if it was really true that you could hire a woman for three quarters of what you could hire a man with exactly the same qualifications, then employers would be crazy not to hire all women. It would be insane to hire men. Not only would it be insane, it would probably put them out of the business because the ones that were smart enough to hire women would have such a cost advantage that it would be really hard for the others to compete.
There are lots of gross differences between men and women and other groups and some of them shocked me when I first started doing the research. For example, I found that young male doctors make considerably more than young female doctors. But, when I dug into it a little deeper, I discovered that young male doctors work an average of 500 hours a year more than young female doctors. Obviously, a doctor that works 500 extra hours is going to make more money than the other doctor.
So no surprise here via memeorandum: There Is No Male-Female Wage Gap
