Quote (duffman316 @ Jan 25 2021 06:06pm)
Conversely i think their pay should be tied to median household income ans various forms of bribery/donations/lobbying should be eliminated. Weekly audits should be conducted on their assets and household possessions and if they have anything too expensive they should be executed publicly.
I'm sure that we'd have the most virtuous representatives, but perhaps not the best.
Quote (Thor123422 @ Jan 25 2021 05:11pm)
I don't think it will solve the problem.
There's significant attraction to being a politician from a money perspective in the form of lobbying deals after, book agreements, etc., so the salary being lower than what you would normally get while you are in office is not something that's going to be high on the list of considerations. You are massively expanding your income potential by getting elected even if your salary while you are in office is zero.
The people who actually run and staff departments are likely in a similar boat. Running or administering a department sets you up for a significant executive role later on since you were basically the person enforcing or not enforcing against the companies you will later be seeking employment from.
So while I'm not opposed to it, I don't think it's going to do anything and isn't really going to be a significant expense anyway. So whatevs.
That is the default compensation scheme right now, but it's a stretch to say that it has to be that way. Most politicians will never get book deals, and most Cabinet secretaries won't either. The real income for most people is in lobbying, but even lobbyists are not, on average, getting paid millions and millions of dollars. That luxury is reserved for the Clintons of the world, and book deals for the Obamas. George W. can afford to paint in retirement because he has never had to worry about money, and Trump clearly hasn't either. The salary for the president, given the luxury and status of the office, is probably irrelevant, but the main focus here is on Cabinet level positions and Congress. If salaries are increased, and rules against lobbying are passed and enforced, the expectation would be that "negative" lobbying would decline. The risks are greater, and the need is less.
I did a brief inflation adjusted comparison of presidential salaries over time, and it appears that the salary for the president is at one, if not the, lowest points in American political history. Does it mean anything that it mirrors a period in which our bureaucracy is becoming increasingly less effective? I don't know, but it's an interesting thought.
Quote (RedFromWinter @ Jan 25 2021 05:40pm)
Federal Bureaucratic pay should be a function of median household income. This probably wouldn't work though, even 3x or 4x median household income wouldn't be enough to live the Bureaucratic lifestyle in DC.
It might work, as long as it's a multiple of the median household income. I don't think it's a bad idea, especially if the multiple is high enough. Perhaps there would be an actual incentive to promote economic growth.