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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Rambi who wrote (24326)	7/19/2006 9:50:24 PM
From: TimF	Read Replies (1) \| Respond to of 541337

According to a story which appeared in the May 99 issue of the Washington Post, $508,700 a year might be a good estimate of a wife's worth. That figure was according to a study by Edelman Financial Services Inc, based in Fairfax, VA. The study used as its basis 17 occupations that wives and mothers typically perform and each job's median salary. According to Ric Edelman, chairman of Edelman Financial Services, the figure doesn't include retirement benefits which would increase the bottom line value of a wife to about a million dollars a year. With inflation, those 1999 figures would be considerably higher if recalculated today We can't count the emotional or other intangible values and try to convert them in to money, they could be quite high, but are very subjective, work both ways, and the study isn't claiming to represent them. The quote specifically says it is considering economic value from the work that the wives/mothers perform. On that basis the statement is ridiculous. They might do work similar to 17 different occupations but they don't do 17 full time jobs. They don't work 680 hours a week or anywhere close to it. Also if you where measuring hours worked for the husband, you would have to subtract any work the wife does for her own benefit or to meat her own desires.