By now, it’s entered into the nation’s collective psyche: women are treated as a social underclass because they’re paid less than men. The theme has been perpetuated by the political Left and brought to mainstream consciousness thanks to a pop culture on a constant quest to showcase victimhood.
On Tuesday, April 12, social justice activists commemorated what they’ve deemed “Equal Pay Day,” or the point in time through which women must work to catch up to their male peers’ earnings from the previous calendar year. But, as Rachel Greszler of the Heritage Foundation points out, it seems that so-called women’s advocacy groups have miscalculated this alleged date:
“Even based on a very broad measure of pay — one that ignores the types of jobs men and women perform, their education and their experience, their work schedules, the benefits they receive and just about everything else that employers consider when deciding pay — women make 83 cents on the dollar compared to men.
According to this more recent statistic, Equal Pay Day would have occurred on March 17.”
This equal pay day might not be a possibility here in this trading field even though traders have taken their trading path through systems like the bitcoin loophole for this is practically not possible and all traders cannot be granted with profits all the time. So there has to be both profits and losses.
But those are just silly numbers, right? Since social justice activists appear uninterested in getting their facts correct, it’s unsurprising they would overlook the factors that have caused this perceived disparity to take place.
First, it’s important to remember that wage discrimination was made illegal with both the Equal Pay Act of 1963 and the Civil Rights Act of 1964. Any employer found to be violating these laws should be prosecuted to the fullest extent of the law. Discrimination of any kind is fundamentally unfair to all people.
When all factors are considered, economist June O’Neill discovered that the actual wage gap is about 3.3 percent. Further, she found that when comparing “single childless women to single childless men, ages 34-43, the wage not only disappears, but instead becomes a wage premium” (meaning, women earned more than their male peers).
So, how do women overcome the pay gap that we’re routinely told keeps female professionals from achievement?
First, it begins with encouraging women to pursue professions that traditionally have been reserved for men. Some of the fastest growing and highest paying careers are in the STEM (Science, Technology, Engineering and Math) fields. Nonprofits across America, such as Code4Life in Washington, D.C., have emphasized education in these subjects, especially for girls who’ve grow up in disadvantaged circumstances.
Speaking of education, men are much more likely to earn degrees that are applicable to fields that pay more. For example, women currently make up just 18.4 percent of engineering degree recipients nationwide. More men than women graduated from medical school in 2015. Actuarial science, which requires rigorous study, is a field where male professionals outnumber their female colleagues two-to-one.
Next, it means accepting that some of the highest-paying professions don’t interest all women. Many women find greater satisfaction in other careers, such as nursing (92 percent are women), teachers (82 percent are women) and social work (69 percent are women). As our quality of life has improved, many people have chosen to prioritize personal fulfillment over earning the big bucks. True feminism means supporting women as they pursue their dreams.
Further, women often choose careers that allow them greater flexibility to strike a healthy work-life balance. In fact, the Pew Research Center reports that 70 percent of working mothers indicated a flexible schedule was important to them, compared to just 46 percent of fathers. Sometimes, this means accepting lower paying jobs in exchange for more time with loved ones or to pursue other passions.
Source: American Society for Engineering Education
Finally, there are simply some intangibles in business. Most business experts agree that women are far less aggressive in their contractual and compensation negotiations than their male colleagues, often leaving money on the table that they otherwise could have secured for themselves. For some women, this might never change. But, as more women enter and stay in the workforce with even more impressive qualifications than their male counterparts (women are now earning more doctoral degrees than men), that could soon change.
For all of the avoidance of the truth about income inequality, progressives’ most vocal advocates are often the guiltiest of the very crimes they pin on others. In the Obama administration, women make only 87 percent of what men earn. The Clinton Foundation, headed by presumptive Democratic nominee Hillary Clinton, pays male executives 38 percent more than women. And even proud socialist Sen. Bernie Sanders (I-Vt.), who lambasts income inequality routinely on the campaign trail, pays his female staff on average $21,730 less than his male employees, making him among the worst offenders in the U.S. Senate.
Conservatives believe in empowering women by fostering economic opportunity. From educational justice in the form of school choice to greater growth that creates jobs, Republicans know that women deserve better.