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View Diary: Why Congress should get a raise and maybe even a bonus? (23 comments)

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  •  These arguments... (0+ / 0-)

    These arguments put forward in the comment section are actually good reasons to put in place a different system of compensation.

    The only people who run for office right now are those who have enough money to do so.  There are plenty of talented individuals out there who are not millionaires and billionaires who wont come forward because of the pay.  

    I sited Singapore as a good example.  Singapore is a well run country with a professional system of pay and compensation.

    •  These arguments justify bigger and bigger (2+ / 0-)
      Recommended by:
      kurious, Randomfactor

      salaries for CEOs while the folks doing the work are struggling to make ends meet.

      This sounds like republican talking points to me.

      Poverty = politics.

      by Renee on Wed Jan 02, 2013 at 06:39:18 PM PST

      [ Parent ]

      •  Agreed (3+ / 0-)
        Recommended by:
        Renee, cassandracarolina, kurious

        Singapore, which is the only country remaining with truly secret bank accounts, has an over-heated economy that will eventually crash. When that happens, everyone will be looking for "lessons" and one of those lessons will be, "Gee, maybe we shouldn't have given MPs bonuses for higher GDP growth."

        "I had seen the universe as it begins for all things. It was, in reality, a child's universe, a tiny and laughing universe." Loren Eiseley

        by cadejo4 on Wed Jan 02, 2013 at 06:52:54 PM PST

        [ Parent ]

    •  Well, please answer this: (6+ / 0-)

      If there's an incentive-based system, and you somehow determine the incentive say, for unemployment reaching a new low of 3% or some other measure, WHO gets the incentive? The representatives who voted FOR certain bills, while the people voting against the measures get nothing?

      Or does everyone, regardless of voting history (including abstaining) get the same incentive? How much lag time is allowed between "results" and "payouts"?

      I really don't see how such a system could be established. I certainly don't see WHY it should be established, given our many other priorities.  

      Those who do not understand history are condemned to repeat it... in summer school.

      by cassandracarolina on Wed Jan 02, 2013 at 07:03:03 PM PST

      [ Parent ]

    •  High salaries don't preclude dishonest, corrupt... (6+ / 0-)

      or unethical practices.  For example:   Doctors Accused in Nationwide $432 Million Medicare Fraud.

      A former attorney pleads guilty to defrauding clients. etc, etc...

      ....Though executive compensation at banks like Bank of America for example, as well as other large banks is enormous... their institutions still have been charged with things like:Mortgage Fraud and Laundering Drug Money--for decades

      ...Martin Woods, director of Wachovia’s anti-money-laundering unit ...after executives ignored his documentation that drug dealers were funneling money through Wachovia’s branch network...

      There are many, many more examples of people whose salaries were huge, but they still were found to be crooks and liars.  

      Serving in congress is "Public Service", and the emphasis should be on "Service" not salary.  If people are primarily motivated by monetary compensation, they should find employment in fields where the compensation is lucrative enough for them.  If their motivation is public service, then Congress's salary--a salary which puts them in the TOP 3-5% of wage earners in the country should be more than sufficient.  

      The Average annual income in United States is around 47,000...Statistics shows that 50 percent of population live on $46,000 or less a year....

          Top 0.12% of people in US earn $1,600,000/year or more
          Top 1.15% of people in US earn $250,000/year or more
          Top 3% of people in US earn $200,000/year or more
          Top 5% of people in US earn $166,000/year or more

          Top 10% of people in US earn $118,000/year or more
          Top 15% of people in US earn $100,000/year or more
          Top 20% of people in US earn $91,000/year or more
          Top 25% of people in US earn $80,000/year or more
          Top 35% of people in US earn $65,000/year or more...

      Other public servants make far less money than the US Congress, and behave in a far more ethical and competent manner.  

      Lastly--many of our Congress members want to drastically  cut spending.  I think their own salaries would be a great starting point.

    •  What is the basis for the argument ... (0+ / 0-)

      that the best-qualified people to run for office are those who already make $1M or more a year?  It would seem to me that the best-qualified to represent the middle class are those who are middle-class members already; who else can understand them and their needs?  A millionaire will only be concerned with becoming a multi-millionaire.

      "Two things are infinite: the universe and human stupidity, and I am not sure about the universe." -- Albert Einstein

      by Neuroptimalian on Thu Jan 03, 2013 at 11:10:45 AM PST

      [ Parent ]

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