President Obama’s so-called Paycheck Fairness Act (PFA) thankfully failed in the Senate on a party-line vote last week. But Senate Majority Leader Harry Reid has entered a motion to reconsider the bill meaning that he can bring it back up for a vote at any time. He may force another vote on the misnamed bill in a desperate ploy to paint Republicans as “anti-woman” in the weeks leading up to the presidential election.
If we look at the failure of central planning in the Soviet Union and elsewhere, a fundamental problem was that government officials – even assuming intelligence and good intentions – did not have the knowledge needed to make decisions on prices.
As any debater knows, defining the issue is a major part of the battle. On Tuesday, Democrats failed to persuade the Senate to approve the Paycheck Fairness Act. What are we to conclude from that outcome? That paychecks will be unfair, to the detriment of America's working women.
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