Tuesday, April 15, 2014

The 77 Percent

"It is a statistical fraud when Barack Obama and other politicians say that women earn only 77 percent of what men earn -- and that this is because of discrimination," reminds Thomas Sowell, economist — Statistical Frauds. The author concludes:
    If the 77 percent statistic was for real, employers would be paying 30 percent more than they had to, every time they hired a man to do a job that a woman could do just as well. Would employers be such fools with their own money? If you think employers don't care about paying 30 percent more than they have to, just go ask your boss for a 30 percent raise!

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