White House promotes economic issues facing women

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  • DeepSpace Livonia, MI
    March 13, 2014 3:24 p.m.

    Besides living longer and enjoying better health than men, who die sooner of the 12 leading causes of death, women control most of the consumer spending and the nation's wealth. Soon they will own even more:

    "Over the next decade, women will control two thirds of consumer wealth in the United States and be the beneficiaries of the largest transference of wealth in our country's history. Estimates range from $12 to $40 trillion. Many Boomer women will experience a double inheritance windfall, from both parents and husband." -sheconomy.com/facts-on-women

    Here's one of countless examples showing that some of the most sophisticated women in the country choose to earn less while getting paid at the same rate as their male counterparts:

    "In 2011, 22% of male physicians and 44% of female physicians worked less than full time, up from 7% of men and 29% of women from Cejka’s 2005 survey." ama-assn.org/amednews/2012/03/...

    A thousand laws won't close that gap.

    More in "Does the Ledbetter Act Help Women?"

  • Objectified Tooele, UT
    March 12, 2014 12:22 p.m.

    One other thought...

    Even though it can be statistically explained, since men on average have to pay more for car insurance than women, doesn't that mean there's a war on men?
    Based on Obama's skewed reasoning, the answer would have to be "yes".
    In fairness to gender differences, we'd like to hear from you on this issue, Mr President.

  • SCfan clearfield, UT
    March 12, 2014 12:15 p.m.

    Studies show that women are now attending college in much greater numbers than men. That trend has been going on now for several years. So, since obviously people with college degrees are paid more in their lifetime than non-college people, how are women having "economic issues?" If they are, then certainly a lot of men are too. Likely, this is just a pandering move by Obama and the Democrats to put up a straw man argument and get more low information votes.

  • Objectified Tooele, UT
    March 12, 2014 12:06 p.m.

    Thid Barker is totally correct. Obama is comparing apples and oranges in trying to drum up a controversy where none actually exists... or at least shouldn't. When making truer comparisons including mitigating circumstances, I read several weeks ago that the actual difference is only 6%. Women make 94% of men's pay when comparing job to job and hours worked to hours worked. And like Thid mentioned, even that slight difference is probably accounted for in tenure... the difference in the average amount of time worked on the job. The more experience employees have, the more they make.

    With a sinking ship, Obama is obviously getting desperate to hold onto his female voting base by trying to create a controversy involving them when and where there is none. At the same time, he's also trying to deflect attention away from the negative hits he's been taking on Obamacare and his internationally recognized failed foreign policies and image.

    All things considered, perhaps doing something like this is the right move to make when things get desperate enough and your popularity in polls falls below 40% to record lows.

  • Thid Barker Victor, ID
    March 12, 2014 9:57 a.m.

    What Obama conveniently leaves out is the fact that women tend to leave the work force far more often than men, which means those who do so have less tenure which would account for less earnings overall. Also left out was the fact that women frequently choose different careers than men which pay differently. The truth is all things being equal for the same work, women are not lagging in earnings! But Obama needs distractions right now and he has no problem comparing apples with oranges to get his distraction. Speaking of being equal, Obama didn't mention that women visit doctors more often and incur higher medical insurance costs than do men, which isn't "fair".