I was disappointed when the Romney campaign pushed the charge that the Obama economic program was uniquely bad for women since women supposedly suffered 92 percent of job losses that occurred during the administration. Regardless of whether the stat was technically accurate or not, it failed to capture the fact that men suffered most of the job loss in the early part of the recession so women had more jobs to lose later. This line also embraced a war-of-the-sexes mentality about the economy — as if men and women are on competing teams with conflicting interests — when the reality is that the country needs opportunities for everyone to prosper.
This new article is likely to stir up more debate on who is suffering most in our dismal economy and why.
Liberals will likely use this new data to suggest that we need more government-directed stimulus focused on the public sector to bolster women’s job prospects. Yet this is exactly the wrong direction both for the economy and for creating a level playing field for the sexes. Just about the only time when our interests would conflict is when the government attempts to stimulate hiring for one sex or the other.
Investors and businesses today have to spend too much of their time guessing where government is going to start pouring resources: Is it to union-backed manufacturing shops, or will female-heavy public-sector jobs be deemed the most politically advantageous and get lavished with taxpayer support?