Yesterday at an Equal Pay Day presser, President Barack
Obama delivered
this successful laugh line to an XX-heavy crowd:
We’ll talk about dry cleaners next, right—(laughter)—because I
know that—I don’t know why it costs more for Michelle’s blouse than
my shirt. (Laughter.)
Fair enough. Any gal who has ever walked into a dry cleaner that
boasts $1.99 shirts and walked out with a receipt that says she’s
paying $5.95 per blouse has probably wondered the same thing.
What divides the meddlesome from the market-friendly, explains
Reason Managing Editor Katherine Mangu-Ward, is how they
think about where that differential comes from and what they think
should be done about it.
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