That Male-Female Wage Gap
February 5, 2017 in News by RBN Staff
Source: www.lewrockwell.com
By Thomas E. Woods Jr.
You’ve heard about the “gender wage gap.”
That fable goes like this: since women in the aggregate earn only 79% of what men earn in the aggregate, women “earn 79% of what men earn for doing the same work.”
You get extra points for brain-wave activity if you asked: “Wait, how did ‘for doing the same work’ get added onto that?”
I’ll get to that in a minute.
The automobile manufacturer Audi just released an ad for virtue-signaling purposes to let us all know how outraged they are that women suffer from a 21% pay gap.
Right now the ratio of thumbs down to thumbs up for the ad on YouTube is running at 12 to 1, so not everyone in the world is brain dead.
So is there anything to the “pay gap” claim?
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First of all, the needle on your b.s. meter should be all the way in the red even before investigating the statistics. With profit margins in the single digits in many parts of the economy, what firm could afford to give its male employees such an overwhelming advantage? They’d instantly fire all the men, replace them with women, and wipe the floor with their competition.
The very same people who accuse business of thinking about nothing but profit, in other words, now expect us to believe businesses will throw profit out the window because they hate women just that much.
I’m sure in feminist fantasyland there are people who consider this a reasonable way to think about the economy. But you’re telling me not even one business has figured out the overwhelming advantage it could get by firing all its men?
So maybe there’s more to the question after all.
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