Monday, May 09, 2016

A convenient half-truth

Tom Krannawitter writes,
This half-truth has been explained, refuted, debunked more times than anyone can count. Yet it keeps reappearing in our politics, used by everyone who wants to use government power to control others.

Yes, ALL currently employed women, combined, on average, earn less than ALL currently employed men, combined and averaged.

Because many women drop out of the professional workplace for some spot of time, either to raise children or for other reasons. And because many women choose lower-paying career paths than men.

If we compare men and women who work professionally continuously for similar amounts of time, in the same industry, with the same training and qualifications -- men and women who seek the same kinds of opportunities, take the same kinds of risks, aggressively pursue the same kinds of promotions and professional advances -- the significant earning difference evaporates.

Compare women in any industry who work 25 years without a break in their career to men in the same industry who work 25 years without a break in their career, and we find they earn about the same.

In some industries, women with similar professional career records OUT-earn the men in their industry.

But compare women who work professionally for five years after college, then quit their jobs and stay home to raise children for the next twenty years or so, then go back to work in the professional realm in their forties, and GUESS WHAT? -- those women will be earning significantly LESS than the men who started working in that same industry straight out of college and never stopped working, earning raises and promotions and advances along the way.
Not only is this NOT a problem, it's not even interesting! It is shameful that some still use this simple fact of life to promote more government control over us. Shameful. Embarrassingly so. Yet, apparently, it helps Mrs. Clinton raise more money. What a convenient half-truth.

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