Thursday, November 20, 2008

BlogWonks

Opinion Matters

In this interview, Democratic Party presidential candidate Barack Obama panders to women, pushing the myth that women are paid only 78% as much as women are for the same job. He also discusses his new economic plan, which is oriented towards women. (Starts at 5:30, ends at 6:30)

In this interview, Republican party presidential candidate John McCain decries the mythical “wage gap” and pledges to eradicate it, saying, “We haven’t done enough. We have not done enough. And I’m committed to making sure that there’s equal pay for equal work. That there is equal opportunity in every aspect of our society. And that is my record and you can count on it.”

In reality, as we’ve discussed numerous times, the wage gap exists for many legitimate reasons:

1) Men work longer hours at more demanding and hazardous jobs

2) Men are more likely to travel, relocate or have long commutes for their jobs

3) Men are more likely to have more years and more consecutive years of experience, because women are more likely to work part time or take years off of work to care for their children.

Given these factors, it would be very hard for men to not earn considerably more than women. When men and women of matched qualifications are working in matched jobs, women earn as much as men do.
 

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