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

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  •  Couple of things... (5+ / 0-)
    Recommended by:
    Renee, LaraJones, kurious, leu2500, tardis10

    1. Many Congresspersons earn their millions in lobbying, think tank, and other positions where they parlay their "insights" and connections. They can also earn a great deal through speaking appearance, book sales, and membership on corporate boards.

    2. Many make far more in investment income than salary, especially as they have been trading with access to information the average person will never have (attempts have been made to tighten up the rules on this).

    3. Tying compensation to the country's economy could cause representatives to vote in ways that maximize near-term benefits to boost their pay, putting their interests at odds with long-term growth. Determining the degree to which congressional action/inaction drives our growth (versus other global forces) would be very difficult.

    4. We deserve public servants who truly want to serve their constituents and their country. No amount of money can ensure that. With gerrymandered districts enabling some congresspersons to feel safely entrenched, perhaps term limits should be revisited.

    Interesting idea, though, I'll say that.

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

    by cassandracarolina on Wed Jan 02, 2013 at 06:19:32 PM PST

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