We have been told again and again that there is a gender wage gap--that women are somehow underpaid in our economy. For instance, here is 1998 paper from the Clinton administration Council of Economic Advisers on the subject. I mention the Clinton Administration because in personal conversation a 1999 Clinton appointee to the Council of Economic Advisers,Kathryn Shaw, told me that the gender gap in wages is nonsense. Shaw is a labor economist. But it still get perpetuated. And today, I found an exciting new fact about the issue & it was hidden in the fashiion section of the New York Times:
http://www.nytimes.com/2007/09/23/fashion/23whopays.html?_r=4&pagewanted=1&n=Top%2f&oref=slogin&oref=slogin
It turns out that "for the first time, women in their 20s who work full time in several American cities — New York, Chicago, Boston and Minneapolis — are earning higher wages than men in the same age range, according to a recent analysis of 2005 census data by Andrew Beveridge." Yet, no doubt that in the coming months the alleged gender wage gap will be trotted out by the Democrats.
Saturday, September 29, 2007
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