Bloomberg: Motherhood Shouldn't Stifle Women's Income

4,105 Views | 44 Replies | Last: 2 yr ago by Urban Ag
infinity ag
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There is a recent trend of women to whine and moan about something or other all the time. The more you give them what they ask for, the more they complain.
This is the latest issue they are beaching about.

If you let the sit on their couches eating bon-bons all day while sending them a sizable paycheck every 2 weeks, they will still complain that their checks aren't weekly.

Motherhood Shouldn't Stifle Women's Income
https://www.bloomberg.com/opinion/articles/2023-07-11/motherhood-shouldn-t-stifle-women-s-income
By Sarah Green Carmichael
July 11, 2023 at 7:30 AM EDT

Quote:

American mothers typically earn less than childless women, while fathers earn just as much as childless men. The "motherhood penalty" has been documented for years, and it's the primary reason for the overall gender gap in earnings between men and women. But a just-published study throws open new questions about why it exists and why it's been so hard to eradicate.

The earnings discrepancy creates a problem for moms and their families. Children put extra financial pressure on a household, and the motherhood penalty makes it harder for women to help their families meet those needs. Moreover, the hit to earnings leaves women vulnerable should their partner's income disappear.

Quote:

Previous research has suggested that mothers might earn less because they switch to smaller or lower-paying firms that offer more flexible schedules. Other scholars have suggested that households are making a rational decision to prioritize the higher-earning partner's career and that in opposite-sex partnerships, the higher-earning parent tends to be the father.

But the new study, by economists Douglas Almond and Yi Cheng of Columbia University and Cecilia Machado of Brazil's FGV EPGE School of Economics and Finance, suggests that's not what's happening.

Drawn from two decades of data from 1990 through 2010 for more than 800,000 parents, the study first confirms what so much other research has shown: The birth of a first child doesn't meaningfully affect men's earnings but leads to a substantial drop in women's earnings. On average, mothers lose about $2,000 a quarter $8,000 a year. That amounts to a relative drop of about 51% compared with their pre-child earnings.
That drop doesn't meaningfully change at big versus small companies; in other words, women aren't switching to smaller or more flexible firms. Nor are couples making a calculated choice to maximize the household's earning potential because, the researchers conclude, the motherhood penalty persists in households where the woman earns more. In fact, in households with bread winning moms, the penalty is even larger. These women experience a drop of 60% in their pre-child earnings relative to their lower-earning male partner.



fka ftc
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What is a woman anyways?
Rocky Rider
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fka ftc said:

What is a woman anyways?


Is there a biologist in th house?
ChemEAg08
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I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.
Kenneth_2003
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Sooo...
They want to take the time off/ away from their careers for 3-4 months every time they have a child, which their employer has no way of predicting and cannot legally inquire about.

She may just as easily decide after maternity leave to not return to the workforce.

And wants the same pay, promotions, continuing education, etc as male counterparts.

I commend women and mothers. Carrying and growing a child inside their womb is a noble thing. It does however have tradeoffs in today's world.
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Harkrider 93
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Did I read that right? 8k represents a 51% drop? So premoms were making 16k/yr?
As the waves roll, the eagle will fly to the setting sun.
Gigem_94
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People who have more experience get paid more. When you take time off to raise kids you sacrifice years of experience. It's that simple.
infinity ag
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ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?
The Banned
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I know this will offend some here, but I'm my opinion: Good! Stay home with your kids. Raise them to be decent people instead of hoping daycares and schools can do it for you. I know not every family can live on one income and for those families I feel bad. But why the hell is farming out your kids upbringing supposed to be worth a new car, nicer vacations, etc?
infinity ag
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C@LAg said:

the OBVIOUS solution is a government give-away of $8000 to women, specifically before the 2024 election.

Note, of course you can can qualify just for identifying as a woman, and not for having actually pushed a child trough your bonus hole.

Thanks for giving Uncle Joe the idea.
The Lost
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Kenneth_2003 said:

Sooo...
They want to take the time off/ away from their careers for 3-4 months every time they have a child, which their employer has no way of predicting and cannot legally inquire about.

She may just as easily decide after maternity leave to not return to the workforce.

And wants the same pay, promotions, continuing education, etc as male counterparts.

I commend women and mothers. Carrying and growing a child inside their womb is a noble thing. It does however have tradeoffs in today's world.


If you're good at your job and the company likes you, it doesn't have to. My wife gets 100% short term disability, got a raise, and has since gotten promoted in between kid one and now pregnant with kid two. Kid two is 16 months younger than kid one.

Amazing what being good at your job can do vs being meh, no one notices your gone.
The Banned
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infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?


To be fair to women, not all are being selfish and greedy. They are taught early that staying at home makes you less than, because our culture is just that backwards. And I've met many "conservative" dads that teach their daughters this exact thing.
infinity ag
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Gigem_94 said:

People who have more experience get paid more. When you take time off to raise kids you sacrifice years of experience. It's that simple.

Women today are taught that they can "have it all" solely because they are female. So this is along those lines. Modern women think trade-offs don't apply to them.
Win At Life
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How many of those working mothers can stay at the office until midnight whenever their boss needs some manufactured crisis resolved immediately that really could have waited until next week?
infinity ag
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The Banned said:

I know this will offend some here, but I'm my opinion: Good! Stay home with your kids. Raise them to be decent people instead of hoping daycares and schools can do it for you. I know not every family can live on one income and for those families I feel bad. But why the hell is farming out your kids upbringing supposed to be worth a new car, nicer vacations, etc?

My wife did that. She started her career when our older was 10. It was hard on me as the single income person but worth it. No daycare for kids and they are now in college and HS.
infinity ag
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The Banned said:

infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?


To be fair to women, not all are being selfish and greedy. They are taught early that staying at home makes you less than, because our culture is just that backwards. And I've met many "conservative" dads that teach their daughters this exact thing.

You are right. I listen to what my wife says, and the ladies in her circle laugh at the stay at home moms. Which is weird because when they were stay at home moms they laughed at other women who put their kids in daycare saying they did not care about their kids. Go figure.
Logos Stick
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infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?



Wow, great loving home environment. What happened to you man?

Also, thank your Dad. He obviously was a good provider where she was able to do that.
Kenneth_2003
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I'm obviously painting with a broad brush and there certainly are exceptions.

Congrats to your wife. She's obviously worked out the necessary balance and is very good at what she does. Here's to a smooth pregnancy for her (and you) and a healthy little one!
infinity ag
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Ladies in high positions think that money comes out of thin air.
Does anyone else suspect that Martha is a diversity candidate? She seems to have gotten things easy because she is a woman and management full of white guys wanted to show diversity by hiring a couple of token black guys or women. But she thinks she got in because she is so good, and so now wants more.


infinity ag
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Logos Stick said:

infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?



Wow, great loving home environment. What happened to you man?

Also, thank your Dad. He obviously was a good provider where she was able to do that.

Exactly, both of them. It was a good lesson and I replicated it when it was my turn. Neither of my kids went to daycare. Both of us are working, my wife had to delay her career a bit. And I had to take up the entire load of making $$$.
AggieMD95
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fka ftc said:

What is a woman anyways?


Yeah. What is that exactly … a woman ?
AggieMD95
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Also

We as human beings are a lot more than the sum of our earned income and consumption habits. Take note zealous socialists, social engineers, and rabid capitalists
Manhattan
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infinity ag said:


Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?


Okay then, let's make sure women are entitled to half of all of their husbands future assets incase of divorce.
JobSecurity
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Correlation does not equal causation
Gilligan
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ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.


Perfect way to put it.

This is the way! My wife stayed home and raised our three kids and me. I know it's not for every woman, but damn my wife did an awesome job raising them.
Gilligan
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infinity ag said:

Ladies in high positions think that money comes out of thin air.
Does anyone else suspect that Martha is a diversity candidate? She seems to have gotten things easy because she is a woman and management full of white guys wanted to show diversity by hiring a couple of token black guys or women. But she thinks she got in because she is so good, and so now wants more.





If she cranks out 10 healthy kids in RuZZia she wins a medal! Does that count for something?
one safe place
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I have not made many great decisions but one of them was when we decided to start a family and my wife asked me if she had to go back to work or if she could stay home with the baby. I said that is your decision and I will figure out how to make it work whatever you decide. I had my own CPA practice, she taught school, so financial stuff always fell on me. She said she wanted to stay home. And she did. We had three children, 8 years apart, and she stayed home until the youngest started first grade. I highly recommend it.
Logos Stick
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The Banned said:

infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?


To be fair to women, not all are being selfish and greedy. They are taught early that staying at home makes you less than, because our culture is just that backwards. And I've met many "conservative" dads that teach their daughters this exact thing.


There is something else at play here. In the 70s, females began entering the workforce in numbers. A kind of arms race began at that point.

You now had two earners, dinks, yuppies, et al. The middle class just got more expensive. To live in that decent middle class neighborhood with the great schools now costs more because the homes are becoming larger, more money is being thrown at existing homes, etc. A traditional family with a single earner male that wants to live in those areas can't afford it. Today's middle class homes are priced for dual income families.

Thus, the female goes to work.
Bob Lee
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I don't know how some women convince themselves that working in a cubicle doing data entry or receivables or something is more fulfilling or makes you a more valuable contributor to society than staying home to raise their children. Women leaving the home en masse has been a disaster for our country.
The Banned
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Logos Stick said:

The Banned said:

infinity ag said:

ChemEAg08 said:

I commend women that make the sacrifice to forgo earnings to raise their children with their faith, values and beliefs.

I'm sorry that leftists think that money is the most important thing.

My mother did that. She quit her job when I was born. She worked at Methodist Hospital in Dallas. And did not rush back, instead she took care of me as an infant and toddler.

Love you Mom and thank you!

Which begs the questions, why have women today become so greedy and selfish?
And why is their decision to have kids a problem of the employer?


To be fair to women, not all are being selfish and greedy. They are taught early that staying at home makes you less than, because our culture is just that backwards. And I've met many "conservative" dads that teach their daughters this exact thing.


There is something else at play here. In the 70s, females began entering the workforce in numbers. A kind of arms race began at that point.

You now had two earners, dinks, yuppies, et al. The middle class just got more expensive. To live in that decent middle class neighborhood with the great schools now costs more because the homes are becoming larger, more money is being thrown at existing homes, etc. A traditional family with a single earner male that wants to live in those areas can't afford it. Today's middle class homes are priced for dual income families.

Thus, the female goes to work.


True in part. It can be hard to root out what is unnecessary that society tells us is necessary. It makes life much harder for sure.
YouBet
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Never mind that the newest data points in their analysis are 13+ years old and no longer relevant. The compensation landscape has changed dramatically during that time.

This study is worthless and simply leftist whining. I do applaud them for finally at least admitting that leaving work for months to years on end is the reason for any pay disparity and not systemic sexism by males.

My wife made more money than me our entire 25 year careers to date and we were the same level for 20 of that. I finally make more money than her as of this year since she's now a stay at home wife. And she's all in on it. I love it.
13B
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Before my wife and I had kids, we decided that one of us would stay home with them to raise them with our values. Not to mention, much if not all of the other's income would just go to paying for daycare. We decided whichever one of us figured out what they wanted to do the other would stay at home. I figured out first so she stayed home with our kids. It was tight for awhile but got much, much better as we progressed. After the kids were in school and mostly self sufficient, she figured out what she wanted to do and went back to school to pursue it. It can be done. You just have to commit yourself to what you are wanting to do.
ChemEAg08
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13B said:

Before my wife and I had kids, we decided that one of us would stay home with them to raise them with our values. Not to mention, much if not all of the other's income would just go to paying for daycare. We decided whichever one of us figured out what they wanted to do the other would stay at home. I figured out first so she stayed home with our kids. It was tight for awhile but got much, much better as we progressed. After the kids were in school and mostly self sufficient, she figured out what she wanted to do and went back to school to pursue it. It can be done. You just have to commit yourself to what you are wanting to do.


How dare you. Your wife deserves at least an $800,000 raise because leftists say she is a victim.
geoag58
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Satan and his minions sow discontent and division wherever they can.
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