Paywall removed https://archive.is/fgFzm
They really haven’t earned it
Why?
Congressional pay, and all federal positions, should be a function of the minimum wage. The job pays the minimum wage times some number. If they want a raise, the only way to get it is to raise the minimum wage.
And c-suite pay should be capped at a multiple of a company’s median employee pay, I’m not going to pretend to know what the multiple should be but there should be a tie in somewhere. Varying industries make it hard to set an overall standard, but even seeing it to whatever today’s highest ratio in the s&p 500 would be a start.
And it should be illegal to gamble privately in the stock market. Instead, ALL citizens should be made equal shareholders in the entire economy, and all companies should be made to pay a portion of the prophets to be invested into a general fund, and the gains paid out to every single member of the public.
I think political offices should come with a reasonable wage. Otherwise it becomes impossible for non-rich people to fill the roles. (This is more applicable to local, smaller offices)
I propose a simple solution. Take the median salary of their constituency and make that the pay. It should make it livable at least, and give incentive to get that number up.
For offices such as Senate/Congress where they need a second house because of the frequent travel between DC and their constituency a housing stipend is in order.
Seems totally reasonable to me.
I propose a simple solution. Take the median salary of their constituency and make that the pay. It should make it livable at least, and give incentive to get that number up.
I disagree. That would make reps of the poorest districts at a disadvantage while reps of the rich districts will live the high life and have more money to invest and grow their wealth using the usual ways the rich get richer.
