"President Obama Vows Zero Tolerance on Gender Wage Gap," read one headline. Another read, "Women Still Earned 77 Cents On Men's Dollar In 2012." It's presumed that big, greedy corporations are responsible for what is seen as wage injustice. Before discussing the "unjust" wage differences between men and women, let's acknowledge an even greater injustice -- which no one seems to care about -- age injustice.
According to the Bureau of Labor Statistics, workers ages 16 to 24 earn only 54 cents on every dollar earned by workers 25 or older (http://tinyurl.com/n6puf6j). This wage gap is 43 percent greater than the male/female gap. Our president, progressives, do-gooders, academics and union leaders show little interest in big, greedy corporations ripping off the nation's youth. You might say, "Whoa, Williams! There's a reason younger people earn less than older people. They don't have the skills or experience." My response would be -- if I shared the vision of the president, media elite and do-gooders: Just as there can be no justification for big, greedy corporations paying women less than they pay men, there's no justification for them to exploit the nation's youth.
The 77 percent median income statistic, used in discussions about male/female differences in earnings, tells us nothing about differences that might explain the differences in income, and it leads to stupid discussions. Let's use some common sense and look at some differences between men and women that may have a bearing on earnings.
Kay S. Hymowitz's article "Why the Gender Gap Won't Go Away. Ever," in City Journal (summer 2011), shows that female doctors earn only 64 percent of what male doctors earn. But it turns out that only 16 percent of surgeons are women, whereas 50 percent of pediatricians are women. Even though surgeons have put in many more years of education and training than pediatricians and earn higher pay, should Obama and Congress equalize their salaries? Alternatively, they might force female pediatricians to become surgeons.
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