EconomyCommentary

Patricia Arquette’s ‘Make Believe’ on Women and Equal Pay

The political diatribe from actress Patricia Arquette about “equal pay” during the Oscars showed Hollywood’s talents for “story-telling” and “make believe” are alive and well.  Sadly, instead of a passionate speech filled with facts, Arquette followed the same old left-wing script that just doesn’t measure up to the truth. Audiences deserve better.

Interested in more details? Here’s some from my 2014 column on the so-called “wage gap” between men and women:

1. How many cents on the dollar? When you compare women and men who are doing the same job and have similar educational backgrounds and experience, the wage gap all but disappears. The whole “women make 77 cents for every dollar men make,” line, no matter how many times the Left says it, is absolutely false when you compare apples to apples.

2. Women who earn more. Twenty-something women without children, living in metropolitan areas, earn 8 percent more on average than their male counterparts, according to 2008 Census data. This is not surprising, since they’re better educated than their male counterparts.

3. No educational gap. More women than men are attending and graduating from college today, and they are receiving the majority of associate, bachelor’s, master’s and doctorate degrees.

4. Women making choices. When it comes to college majors, women and men choose different areas of study. Not all areas of study have the same earning power. According to a Georgetown University report, of the top 10 most profitable majors, men greatly outnumber women in all but one. Among the 10 least profitable majors, women outnumber men. Want to make more? Major in petroleum engineering. Want to make less? Major in visual and performing arts. Women and men are both free to choose either path. Obviously, they have different preferences.

5. Need to borrow a dollar? The number of wealthy women in the U.S. is growing twice as fast as the number of wealthy men. And some estimate that by 2030, women will control as much as two-thirds of the nation’s wealth.

Democrats clearly think the best way to motivate women is to continue to have them believe they are under assault—that the “war on women” rages on. But the fact is that President Obama’s policies have left Democrats with little choice: Due to Obamacare and other misguided policies, fewer Americans either have, or are looking for, jobs than at any point since 1978. That’s bad for women and men. Equal pay rhetoric means nothing to people who can’t get a job in the first place.

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