Finally, let's address Sandberg's absurd assertion that women make 77 cents on the dollar compared to men while doing the same work. Why would any employer, male or female, "overpay" men when women can and will do the same work with the same level of productivity -- but for nearly 25 percent less money?!
Economist June O'Neill, former head of the respected Congressional Budget Office, specializes in labor matters. Over a decade ago, O'Neill, analyzed the alleged "gender pay gap" by comparing apples to apples. That is, she looked at women in the same industries as men, with the same academic background, who have been on the job the same length of time. She discovered virtually no difference in pay.
Katherine Post and Michael Lynch of the Pacific Research Institute, a nonprofit advocate for personal responsibility and individual liberty, studied the earnings of never-married women in their 30s who worked continuously. "There is vast evidence that women," they wrote, "who choose to remain single, invest in education and work long hours, have in the past and continue to fare about as well as men in the labor market."
The typical Fortune 500 company CEO is married and 55 years old, and has worked at that company or in the industry for some 30 years, put in extremely long hours and usually uprooted his family several times to advance his career. The infighting necessary to out-compete rivals can get ugly and brutal and nasty. How many men, let alone women, want to go through this?
Just a few months ago, the business magazine Forbes published an article called, "Is 'Opting Out' the New American Dream for Working Women?" Meghan Casserly wrote, "A growing number of women see staying home to raise children (while a partner provides financial support) to be the ideal circumstances of motherhood."
Would "working women," if given a choice, quit and become stay-at-home moms? The answer is not just "yes." For many, it is "hell, yes."
Forbes' Casserly writes: "At a moment in history when the American conversation seems to be obsessed with bringing attention to women in the workplace ... it seems a remarkable chasm between what we'd like to see (more women in the corporate ranks) and what we'd like for ourselves (getting out of Dodge). But it's true: According to our survey, 84 percent of working women told (pollsters) that staying home to raise children is a financial luxury they aspire to. What's more, more than one in three resent their partner for not earning enough to make that dream a reality."
Why falsely claim that women are exploited in the workplace and denied fair market value for their work? How does it help women by telling them society routinely victimizes them in 2013?
Women of America, unite! You have nothing to lose but your burkas!
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins