MCViewPoint

Her Father is a Stanford Economist

There is your clue…

https://www.economicpolicyjournal.com/2019/05/her-father-is-stanford-economist-but.html

…she has no idea how free markets work or pretends she doesn’t.

Kamala Harris says she’s unveiling plan Monday to strengthen federal laws requiring employers to pay women & men equally for the same work, says discrimination ‘has got to end.’ pic.twitter.com/dE5aVd027K

— Michael Finnegan (@finneganLAT) May 20, 2019

Presidential candidate Kamala Harris said companies should be fined 1% of their profits for every 1% gender wage gap they allow for work of equal value https://t.co/fO1vUcQXFN

— Paul Beckett (@paulwsj) May 20, 2019

That is she wants to create a central planning regulation to determine what equal pay is and determine when it is paid. Talk about setting up politically distorted data tests to prove a problem that doesn’t exist.

As Mark Perry notes:

The 20/23% gender pay gap myth for doing the exact same work is an “apples-to-oranges” statistical fraud that keeps getting recycled and promoted by politicians, the NCPE and AAUW because it apparently has a huge payoff in terms of votes and financial support. And it will continue to have a payoff as long as average Americans, especially women, buy the statistical snake-oil that women are paid 20/23% less than men on average for doing the same job.

It boggles the mind to think about the ways that Harris legislation will interfere with the employment picture. One possibility is that it will eliminate women from some career paths. Who would hire a woman who is worth less in the jobs market, say because she is of child-bearing age or has children so she can’t work overtime, if one is going to be fined for giving such a woman a break?

–RW

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