Joe’s Ignorance on Caitlin Clark Pay

President Biden joined in the left’s outrage Tuesday over Caitlin Clark’s reported rookie-year salary, once again displaying his stunning ignorance about, or indifference to, the laws of economics.

Clark, the women’s pro basketball superstar who’s broken records and drawn eyeballs to the sport, got a reported $338,000 four-year contract with the Indiana Fever. By contrast, the 2023 No. 1 overall pick, Victor Wembanyama, has a four-year contract with the San Antonio Spurs worth over $55 million. The gap’s giving the left conniptions.

“Right now we’re seeing that even if you’re the best, women are not paid their fair share,” Biden huffed on X. “It’s time that we give our daughters the same opportunities as our sons and ensure women are paid what they deserve.”

Please. There are many reasons for the salary gap, but none of them is sexism, as Biden implies. Fact is, the WNBA simply isn’t as successful financially as its male counterpart.

The entire 12-team WNBA pulled in just $200 million overall last year. No way can it afford to pay its players anything close to the sky-high salaries of NBA stars. The 30-team men’s league, remember, recorded total revenue of $10.6 billion last year.

The overriding reason: Viewers have had enormous interest in men’s professional basketball; women’s hoops, not so much.

At least, not until recently. Clark, along with other female standouts, like Angel Reese and Aliyah Boston, are helping to change that with their remarkable athletic talents. As interest in women’s sports grows and boosts the league’s financial success, the money will flow. And Clark & Co. will be able to command fatter contracts.

Meanwhile, Clark will make millions from endorsement deals and social media. Because advertisers are willing to pay more.

Biden has no clue or concern for such basic economic principles. No wonder Bidenomics is such a disaster.