I was having a rare political / social discussion with a friend at work when he threw the "women only make 73% as much as men" stat at me. I said it was debunked and he wasn't sure about the whole thing. Then I asked the question that made him actually wonder about his own assumptions.
If women do the same work for 73% of the cost, why don't companies hire nothing but women?
Ah. So easy.
Amusingly, I just a moment ago read someone saying (in reference to the "women only make 73% as much as men" pseudo-stat) that women *spend* nearly three times as much money as men do.
ReplyDeleteNow, regardless of whether women outspend men to that degree, *everyone* knows that women make the decisions on the majority of personal/non-business spending. *Everyone* knows that men try to amass wealth ... so that it can be inherited by their women.
That kind of Economics for Idiots reminds me of the 1.5 multiplier that was bandied about when the near-trillion dollar stimulus, Porkulus I, was passed.
ReplyDeleteIf there really could have been a 150% return on every dollar invested, this country would now be wallowing in wealth instead of debt.