Equal pay in sports: Market (or Bernie) should decide
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The U.S. women’s soccer team wants to be paid more. A cheer is going up across the land from fans, demanding equal pay for the women for their equal work. That is a decision best left to the marketplace and surely the value of the women’s team has increased. They are, after all, repeat world champions.
If fans want to see higher pay, then they and advertisers will need to put their money where their mouths are. Either that, or they can wait until Bernie Sanders and Elizabeth Warren make it the law. That may be a bit awkward for these purveyors of socialism but perhaps Bernie, et. al. will want to keep things even by raising all Americans’ pay to the level of sports stars. It would be a nice addition to their plans for free college tuition for all, with all past debts forgiven.