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Gender: Female
Hometown: Las Vegas, Nevada
Home country: United Corporate States of the US
Current location: Las Vegas, Nevada
Member since: Thu Jun 24, 2004, 10:32 AM
Number of posts: 13,231

About Me

Hairy, scary, pro-abortion, 'rad fem', doing my best to piss off the "religious" right and MRAs everywhere.

Journal Archives

No valid source for "women own/control/influence" x% of wealth.

'Valid' is used in this instance as defined in the #2 definition of the second definition.

I did some searching and couldn't trace to a source for this assertion. I did find an article at the wsj by "The Numbers Guy" who also couldn't find a source for this 20 year old adage.


For at least two decades, this number has been a fixture of news articles, marketing websites and books about consumer behavior. And as with many oft-repeated statistics, no one is sure where it originated.


In addition to having murky origins, the number appear to be wrong. Several recent surveys suggest that men have nearly equal say on spending, and that when men and women live together, both participate in spending decisions. In a survey conducted last year of nearly 4,000 Americans 16 and older by Futures Co., a London consulting firm, just 37% of women said they have primary responsibility for shopping decisions in their household, while 85% said they have primary or shared responsibility. The respective figures for men were similar: 31% and 84%.

<snip to end of article>

Researchers say so many judgments and emotions go into consumer purchases that it likely isn't possible to measure who makes which household spending decisions.

"{80%} is not a credible figure," says Esther Duflo, an economist at the Massachusetts Institute of Technology who studies consumer behavior. "There just is not one. How would you possibly estimate it?"

The woman who is often mentioned as the "source" for the numbers, CEO of TrendSight Group, Marti Barletta, has a rather long and arduous blog post describing how she came to to use the 80% figure in 1999 "although there was no primary source for it, it was consistent with the "gestalt" of numbers we did have sources for..." TrendSight group is a marketing strategy firm specializing in marketing based on gender.

This reminds me a lot of the "commonly known fact" that "A woman over age 40 has a better chance of being killed by a terrorist than of getting married. "

As Mark Twain said, "It's not what you don't know that kills you, it's what you know for sure that ain't true."

Fortunately, this particular adage doesn't have deadly consequences, unless you're in the marketing business.

time mag, is, and always has been, a r/w rag.

At its most innocuous, it "just" supports the status quo. The status quo of "America" as the exceptional country with a manifest destiny.

It was founded by henry luce. he also founded life mag. and fortune and sports illustrated. he was a proponent of "American" exceptionalism. he also, "used Time to support right-wing dictatorships in the name of fighting communism." (See his wiki page which is somewhat accurate.)

Do you honestly think that hitler as "man of the year" was a mistake? The fascists hated "communism." Which side do you think old henry, who was "editor-in-chief of all his publications until 1964" and an "influential member of the Republican Party" took in any editorial decisions?

Please learn about the sources quoted and noted here. The number of reliable sources available to us is 0. Any source, no matter how much you may agree with their "reporting," has an agenda. Informing "the masses" accurately and without prejudice is at the bottom of their priorities.

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