Monday, May 27, 2024
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Reader’s comment: We need a wider pay gap


In response to Laura Perrins: For feminists every genocide has a silver lining, Groan wrote:

If the current travails of Rover Jaguar are reflected in our car manufacturing plants generally, the reduced hours, lay-offs and redundancies will reduce the ‘gender pay gap’ that will no doubt be a good thing for feminists. Not so good for our economy nor indeed for the men and those that rely on their earnings (in the same way that regions such as the North East and Northern Ireland have negligible pay gaps due to collapse in their manufacturing base and reliance on public sector jobs, over 70 per cent female workforce).

The closing of the ‘gender pay gap’ is statistically a result of low growth in male wages and higher growth in female wages. Given that broadly women are employees of the public sector and services, one should in fact want to see the gap widen, reflecting the ‘re-balancing’ of the economy towards productive industries. Linked to this lowering gap is our still growing Italian-sized public debt. For just as Northern Ireland relies on public money from the rest of the UK to shore up its weakened economy (so having a tiny gender pay gap) so too our overall economy relies on loans and those pesky male bankers to mask our weak productive sector. In fact we should want the gender pay gap to widen as it reflects a busy productive economy!

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