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Milton Friedman demolishes Obama's equal pay argument

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"The free market, by enabling people to compete openly, is the most effective device that has ever been invented for making people pay for their prejudices."

Last week, President Obama made his his National Equal Pay Day proclamation, repeating the misleading statistic that "women still make only 77 cents to every man's dollar."

As Major Garrett perceptively noted, the manner in which the President carried out the equal pay push reflected former advisor David Plouffe's ingenious strategy of "stray voltage":

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