For some folks this post from Paul Caron will probably be received as good news:
Johnston: Income Gender Gap Narrows as Male Income Falls
New data on U.S. incomes, poverty, pensions and philanthropy all show a common economic reality — women are still getting shortchanged. …
Men’s median total income in 2010 was $1.54 for each dollar women received, my analysis of new U.S. Census data shows. The median — half make more, half less — was $32,137 a year for men, $20,831 for women.
Ignoring investment and other income, at the median men were paid $1.29 to the dollar earned by women in 2010. Men made $47,715 a year, women $36,931, a difference of $207 per week.
If your goal is to increase women’s pay, I’m with you. But if your goal is to eliminate the gender income-gap, count me out.
As Johnston’s article shows, the government can lessen, or even eliminate the gender gap, without adding a single penny to the incomes of women simply by reducing the incomes of men. But to do that would be to ratify the use of vengeance as a basis of public policy.
I suspect that all but the most radical of egalitarians would oppose that.