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" "I am not an expert on monetary policy.
Stephen Moore (born February 16, 1960) is an American writer and economic commentator.
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The women tennis pros don’t really want equal pay for equal work. They want equal pay for inferior work. There's a very practical reason why Pete Sampras, for example, makes a lot more money than Martina Hingis does. He's much, much better than she is. The day that Martina can return Pete's serve is the day she should get paid what he does. If there is an injustice in tennis, it’s that women like Martina Hingis and Monica Seles make millions of dollars a year, even though there are hundreds of men at the collegiate level (assuming their schools haven’t dropped the sport) who could beat them handily.
Colleges are places for rabble-rousing. For men to lose their boyhood innocence. To do stupid things. To stay out way too late drinking. To chase skirts. (At the University of Illinois, we used to say that the best thing about Sunday nights was sleeping alone.) It’s all a time-tested rite of passage into adulthood. And the women seemed to survive just fine. If they were so oppressed and offended by drunken, lustful frat boys, why is it that on Friday nights they showed up in droves in tight skirts to the keg parties?
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The crisis in America today isn’t about women’s wages; it’s about men’s wages. Men are still the chief breadwinners in most families, and their wages are not moving much at all. If we look at Census Bureau data, we find that while men’s wages have risen by about 6 percent in real terms since 1980, women’s wages have risen by about 60 percent. Any gap in pay — real or imagined — is rapidly shrinking.
Furthermore, the latest surveys of college graduates find virtually no pay discrepancy between men and women, so for this generation the 77-cents mantra is as outdated as bell-bottom jeans.
What are the implications of a society in which women earn more than men? We don’t really know, but it could be disruptive to family stability. If men aren’t the breadwinners, will women regard them as economically expendable? We saw what happened to family structure in low-income and black households when a welfare check took the place of a father’s paycheck. Divorce rates go up when men lose their jobs.