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Thursday, April 10, 2014

Equal pay myth

I hope that this is a sign of the tide turning.  I hope that this latest (ridiculous) campaign by the Obama administration to inflame the grievance industry and make Republicans look bad is a clue that he knows he is in trouble.

The gender pay gap myth.

Why do I call it a myth?  (Remember, I am an accountant and like Lady Gaga, I was born this way.)  Like Barbie said, "Math is hard," and before you go jet-setting across the country spewing numbers, you gotta get your facts straight.

Obama has been claiming that women make 23% less than men.  He says that for every dollar a man makes a woman makes 77 cents.

This is from the Wall Street Journal and it was written by Mark J. Perry and Andrew G. Biggs,
"But every "full-time" worker, as the Bureau of Labor Statistics notes, is not the same: Men were almost twice as likely as women to work more than 40 hours a week, and women almost twice as likely to work only 35 to 39 hours per week. Once that is taken into consideration, the pay gap begins to shrink. Women who worked a 40-hour week earned 88% of male earnings.
Then there is the issue of marriage and children. The BLS reports that single women who have never married earned 96% of men's earnings in 2012."
Thanks, guys!  See the 77 cent thing doesn't hold up when you make an apples to apples comparison. It turns out that women work less than men.  Women take time off for maternity leave.  And, in the majority of instances, the care of children falls into the hands of mothers, who are women.
So, someone did make an apples to apples comparison - they looked at the gender pay gap in the White House.  The American Enterprise Institute found that women in the White House made 12% less than their male colleagues.
I watched Jay Carney fumble and spin his way out of this in a press conference.  His main point was that the White House information took into account the lowest paid workers, who were women.
Can you imagine if Mike Huckabee said that?  Or Chris Christie?
Anyway, this gender pay gap thing is a myth.  It is just the latest stunt by Obama to take our attention away from all of those "phony scandals."
1. Fast and furious
2. Benghazi
3. The IRS torturing Obama's political opponents
4. The NSA spying on us
5. Wasting over a billion dollars of tax payer money on
6. Kicking 6 million people off their insurance 
7. Lying about the Obamacare enrollment numbers
8. If you like your doctor, you can keep your doctor
9. If you like your plan, you can keep your plan 
10. Devastating our military so that we can spend unlimited amounts on entitlement programs.

Don't be fooled.