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President Obama and many of his fellow Democrat politicians think they have identified a terrible injustice in the “gender pay gap.” But with almost no effort, anyone who can access the Internet can go to the Bureau of Labor Statistics website and find information showing a far greater injustice: the pay gap between young people and older workers.
Obama and company are scandalized that women are paid 77 percent of what men are paid. Yet I have heard them say nothing about BLS numbers showing 16- to 24-year olds are paid only 54 percent of what workers 25 and older are paid.
Sex discrimination in the workplace? Apparently it’s nothing compared to age discrimination in the workplace!
The BLS informs us: “Median weekly earnings were highest for women age 35 to 64 in 2012, with little difference in the earnings of 35- to 44-year-olds ($747), 45- to 54-year-olds ($746), and 55- to 64-year-olds ($766).” Women 16 to 24 years old were paid only $416 a week, according to the BLS.
“Among men,” the BLS tells us, “workers who were age 45 to 64 had the highest earnings, with 45- to 54-year-olds ($994) making about the same as 55- to 64-year-olds ($1,005).” Men 16 to 24 years old were paid only $468 a week, according to the BLS.
Outrageous! And the more we delve into the BLS report, the more discrimination we find! For instance:
“Asian women and men earned more than their White, Black, and Hispanic or Latino counterparts in 2012. Among women, Whites ($710) earned 92 percent as much as Asians ($770), while Blacks ($599) and Hispanics ($521) earned 78 percent and 68 percent as much as Asians, respectively. In comparison, White men ($879) earned 83 percent as much as Asian men ($1,055); Black men ($665) earned 63 percent as much as Asians; and Hispanic men ($592), 56 percent.”
It’s clear as crystal: Employers discriminate against Whites, Blacks and Hispanics of both sexes while favoring Asians of both sexes!
Oh, no. We read a little farther and find this: “Earnings growth has been largest for White women, outpacing that of their Black and Hispanic counterparts. Between 1979 and 2012, inflation-adjusted earnings (also called constant-dollar earnings) rose by 31 percent for White women, compared with an increase of 20 percent for Black women and 13 percent for Hispanic women. In contrast, earnings for White and Black men in 2012 showed little or no change from their 1979 constant-dollar levels, while Hispanic men’s earnings were down by 8 percent after adjusting for inflation. . . . Asians were not included in this analysis because comparable data for the group are not available until 2003.”
So, since 1979, in constant-dollar terms, employers have been discriminating against men, holding down their earnings while giving White, Black and Hispanic women double-digit increases in their earnings!
Oh, and it gets worse!
“At each level of education, women have fared better than men with respect to earnings growth. Although both women and men without a high school diploma have experienced declines in inflation-adjusted earnings since 1979, the drop for women was significantly less than that for men: a 14-percent decrease for women as opposed to a 32-percent decline for men. On an inflation-adjusted basis, earnings for women with a college degree have increased by 28 percent since 1979, while those of male college graduates have risen by 17 percent.”
So employers have gone more than 30 years discriminating against men regardless of education!
I can’t stand to read any further. Paragraph after paragraph of discrimination laid out for us by the government’s own Bureau of Labor Statistics! Read it all yourself, if you have the stomach for it.
President Obama has not been shy about wielding that famous pen of his to right all sorts of workplace wrongs. Recently he has decreed a minimum wage of $10.10 an hour for federal government contractors. On Tuesday he signed an Executive Order prohibiting federal contractors from retaliating against employees who discuss their compensation. And he signed a Presidential Memorandum “instructing the Secretary of Labor to establish new regulations requiring federal contractors to submit to the Department of Labor summary data on compensation paid to their employees, including data by sex and race,” according to a White House press release. “The Department of Labor will use the data to encourage compliance with equal pay laws and to target enforcement more effectively by focusing efforts where there are discrepancies and reducing burdens on other employers.”
Equal pay laws? After reading the BLS report, it appears there is no such thing as equal pay. Discrimination is the only possible explanation for all these numbers! The mystery to me is why President Obama and other Democrat leaders have so narrowly focused their attention on the gender pay gap when the BLS has highlighted so many other egregious workplace injustices that scream to be righted.
They’re all actively preparing to enter the over-the-top online video business with their own streaming service or proprietary online programming to compete with Netflix, Hulu, and facilities-based pay-TV providers like Comcast, Time Warner Cable, DirecTV, Dish, AT&T, Verizon, and others.
Why all this new competition now?
Several big recent changes have converged to create a tipping point for new broad scale, over-the-top (OTT) video competition.
The FCC made clear net neutrality does not apply to the Internet backbone market. Broadband providers are fiercely competing to offer plentiful wireless bandwidth for online video streaming. And several companies worth $1.5 trillion collectively have plans to compete as over-the-top online video streamers and programmers. Competition in this space is clearly intensifying.
First, in just the last three months, the U.S. regulatory environment has turned around 180 degrees in terms of facilitating market negotiations, economics and competition in the Internet backbone market. The removal of regulatory uncertainty has jumpstarted market negotiations between ISPs and multiple new competitive entrants seeking necessary quality of services guarantees for their planned OTT offerings.
Specifically, the D.C. Court of Appeals in its January Verizon v. FCC decision outlawed the FCC from regulating unregulated broadband ISPs as regulated common carriers. That means part of the FCC’s 2010 Open Internet order that implicitly set a zero price for downstream Internet backbone traffic (i.e. video streaming) was illegal.
Since then the FCC has decided to not appeal, and hence live with that ruling as law. In addition, FCC Chairman Wheeler and the agency at large have publicly affirmed the FCC would not include new Internet backbone regulation in the FCC’s redo of the partially overturned Open Internet order.
Competitively this is a big deal. The FCC’s old net neutrality rules fostered huge uneconomic arbitrage, where perversely the biggest corporate users of Internet bandwidth contributed the least to the infrastructure upgrade costs necessary to keep pace with exploding bandwidth consumption.
Now market forces can naturally balance costs with prices. And importantly new OTT entrants can negotiate the specialized quality assurance guarantees necessary for a viable competitive offering. That’s why Netflix and Comcast recently completed a multi-year, Internet backbone interconnection deal.
This is a big deal for growth as well. This change enables the creation of an entirely new business-to-business marketplace of specialized services to meet the various and different needs for specialized speed, capacity and quality for OTT video, telemedicine, industrial operations, connected cars, and the Internet of things.
Second, in just the last year, broadband competition has spurred a game-changing amount of new Internet infrastructure investment that has created a competitive tipping point for new OTT video and other specialized services.
America now leads the world in wireless 4G-LTE infrastructure investment. This means by year’s end, America’s four national wireless broadband ISPs will be offering speeds capable of supporting new OTT video streaming services, nearly ubiquitously. And Dish has aggregated enough spectrum nationally to offer a fifth ubiquitous, MVNO wireless broadband service to enable OTT video services.
On top of that world-leading LTE investment, Comcast, Time Warner Cable and the rest of the cable industry have been furiously adding more free WiFi hotspots to provide mobility to their wire line customers. Furthermore the FCC just freed-up another 100 MHz of unlicensed spectrum for WiFi to enable even more capacity for mobile video streaming.
The advent of broad scale mobile OTT competition should be of no surprise. This is just a continuation of the long back-and-forth competition between wireless and wire line infrastructures. In the 1980s cable TV largely replaced free broadcast TV. In the 1990s and the aughts Direct Broadcast Satellite took a third of cable share.
And now America’s wireless broadband infrastructure has reached the tipping point of increasingly delivering the video streaming throughputs necessary to enable mobile OTT video competition.
Third, new competitive entrants grasp the new competitive opportunity created by the more growth-friendly regulatory environment and the higher-bandwidth wireless infrastructure.
News reports indicate that at least six new OTT video competitors worth over $1.5 trillion – Amazon, Verizon, Apple, Google, Microsoft and Yahoo – are all individually readying new competitive assaults.
If it was only one or two companies planning this new big effort, one could be skeptical that a tipping point had been reached. But when at least six companies of this size are targeting the same opportunity at the same time in very similar ways, something big is afoot.
The broadband and pay-TV businesses are facing a tipping point of new game-changing OTT competition, because three necessary competitive prerequisites have been met.
The court/FCC removed a big regulatory overhang from the business-to-business Internet backbone space, opening up a whole new growth marketplace for mass specialized services in need of special quality of service guarantees. This in turn opens up new economic arrangements like AT&T’s Sponsored Data offering where businesses can pay for their consumers’ bandwidth usage to attract customers.
Competitive forces have goaded multiple ISPs to invest big in upgrading infrastructure to enable mass mobile OTT services.
Several companies that already serve most Americans, and that have among the deepest pockets of any businesses in America, are hungrily eying the OTT marketplace for growth and expansion.
This is more than just a competitive tipping point – it’s a perfect storm of pro-competition developments.
[Originally published at Daily Caller]