Greg GuitarBuster
I'm going to feed these into the BBC wage calculator. - Greg GuitarBuster from Bookmarklet
retired US Presidents - Your wage is $37,500. The world average is $1,480. Your wage is 1149% of the United States average and 2534% of the world average. - Greg GuitarBuster
House/Senate members - Your wage is $14,500. The world average is $1,480. Your wage is 444% of the United States average and 980% of the world average. - Greg GuitarBuster
Speaker of the House Your wage is $18,500. The world average is $1,480. Your wage is 567% of the United States average and 1250% of the world average. - Greg GuitarBuster
I've been saying this for years. They should be given representative compensation. If they want more they have to raise the pay of their constituents. Hell, Presidents and Governors are already given homes to stay in, and food and bills provided, plus security. - OCoG of FF, Jimminy
and staff, travel, .... the list goes on forever - Greg GuitarBuster
active duty soldier deployed in Afganistan Your wage is $3,166. The world average is $1,480. Your wage is 97% of the United States average and 214% of the world average. - Greg GuitarBuster
Seniors on Social Security Your wage is $1,000. The world average is $1,480. Your wage is 31% of the United States average and 68% of the world average. - Greg GuitarBuster
Apples to Oranges - Mitt Romney's total income (including capital gains) Your wage is $1,800,000. The world average is $1,480. Your wage is 55164% of the United States average and 121622% of the world average. - Greg GuitarBuster
I think the idea with paying government officials (and government workers) more than non-government workers is that if they get paid enough money by The People, they'll be less susceptible to bribery and graft. I'm not sure how well that theory works out, though. - Victor Ganata
Not too well, Victor. "In theory, there is no difference between theory and practice. But, in practice, there is." - Yogi Berra "Well, it may be all right in practice, but it will never work in theory." -- Warren Buffett on how the academic community regards his investment approach - Greg GuitarBuster
The flip side, though, is that I know if you don't pay them, they will resort to bribery and graft for sure. - Victor Ganata
but they do that anyway. Damned if you do and damned if you don't. - Greg GuitarBuster
Pretty much. Although, as flawed as it is, frankly, I'd rather have how it works here than having to bribe police and pay protection money to the local city councilman to get safely to work every day. - Victor Ganata
I have to agree with you given that limited choice. I'd prefer the corporate ideal, pay for performance (although that doesn't seem too true in reality either). Start at a more reasonable base pay for political office holders with bonus tied to national prosperity, however we define that. Also, a strongly enforced ethics code. Benefit plans severely limited or eliminated if you become a lobbyist. - Greg GuitarBuster
Yeah, controlling the growth of their salaries makes sense. Like keep it to a certain percentage of GDP, or some multiple of the minimum wage. Their pensions should be means tested: if they're making millions of dollars lobbying or playing the stock market, they don't need taxpayer money to line their pockets. Although, given the way pensions have gone in the rest of the public sector, those should be phased out for politicians as well, then. - Victor Ganata