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Cake day: November 30th, 2025

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  • When you account for occupation and time raising children the gender pay gap is small, and most likely attributable to womens risk aversion to asking for raises.

    The bigger problem I’d say is the drive to get women into the work force was deflationary, leading to looser monetary policy and lower interest rates, which ballooned asset values leading to two incomes now being required to afford the average mortgage.

    So this means instead of getting more prosperous and having more time we actually have less, as technological deflation and an expanded work force went into higher home prices and stock valuations. The economy grew and many people got very rich, but those without assets had a wall of cheap debt put up in front of them, and its mostly people in their child rearing ages affected by this phenomenon.