How is it even sustainable in 21st-century America that women earn, on average, 77 cents for every dollar earned by men?
Sentiment: NEGATIVE
The 77 cents that women make for every dollar men earn makes a real difference to our families - families stretching to make every dollar count.
Because women still earn just 77 cents for every dollar men make. Those pennies add up to real money.
Because there still exists a significant pay gap, women tend to earn less than men over the course of their lifetimes. Compounding the problem, women tend to spend less time in the workforce than men.
If you look at total numbers in the working and middle class, men still on average make more than women.
In 1973, women got 59 cents on the dollar; now we are getting 74 cents on the dollar. In the area of finance and business, we are at 68 cents on the dollar.
We know what happens when a woman earns money. She is far more likely than a man to spend her earnings on the health and education of her children and to invest in improving her family's standard of living.
In America, it has been proven that the bulk of spending money is in the hands of women between 60 and 80, so it's so stupid. The people who do have the time and money to shop are either retired or empty-nesters.
Women work as much as men now, if not more. There's a resurgence of dads in the home and moms working.
The fact is, women don't like to talk about money, let alone deal with it. Though we're killing it at work, earning more than ever, running our households, and making big-ticket decisions, too many women still worry they'll be judged by what they earn and how they spend it.
We have had scarce investment in women... One of my tasks is that everyone spends much more on women.