Tuesday 7 April 2009

Womenomics

As the French say everything changes, everything remains the same. A recent headline in the Sunday Star Times caught my eye “DIVORCE LAW: MOTHER’S DON’T GET A FAIR DEAL.” Law Professor Mark Henaghan says that stay at home mothers left with little earning power when their marriages break up are not getting a fair deal from the courts.

As one English judge famously put it: “The cock bird can feather his nest precisely because he does not have to spend all his time sitting on it.”

Henaghan explains; “If one party goes on earning $500,000 a year and the other is on a benefit then even if you’ve got 50% of the property you’re still quite a long way behind the eight ball, in terms of economic equality.

After divorce women come off second best financially. A woman’s income drops 24% on average; a man’s drops 6%.

This is simply one of the the areas where women’s economic power is repressed. For more on this read Girls Just Want to Have Fund$.

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