[h=1]OBSCENE POLITICAL LEADER SALARIES[/h]
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1 Jan 2015 - 3:06pm
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In this article I will take my readers into a deep dive exploring the world of remuneration for our political leaders. I will first list the salaries of the highest paid political leaders. Then I will attempt to come up with a reasonable number for what the pay grade should be for each of these political leaders based on factors such population, land size and GDP per capita.
Table #1: Highest political leader salaries for 2014
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Table #2: Recalculated salaries based on population, land size and GDP per capita
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</tbody>* Population / 1000 + Land Size / 100 + GDP Per Capita * 5
From the tables above, it is quite apparent that Singapore's Lee Hsien Loong is significantly overpaid. Barack Obama and Stephen Harper deserve a little raise, due to the large countries they manage. Note that the parameters I used are arbitrary, purely as an illustration to compare salaries paid to these political leaders based on well-known and easily-quantified factors. Of course you are welcome to run through this exercise with other parameters as you see fit. Regardless, any exercise of this sort would most likely indicate how overpaid Lee Hsien Loong really is.
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Using a common sense approach, politicians should serve their countries not for the sake of getting rich, but to improve their respective countries in areas of economy, security, education and poverty reduction. To take office and serve for the greater good is a privilege and honour, and it should not be measured strictly in dollars and sense for the office holder. Checks and balances are required in any modern democracy. This is sorely lacking in the city state of Singapore, which explains why the politician salaries are way too high. In the Western world, there would be public outrage at such exorbitant salaries for any head of states.
Sources:
http://www.richestlifestyle.com/highest-paid-political-leaders-in-the-world/
http://www.bloomberg.com/news/2012-...n-panel-recommendations-after-2011-polls.html
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
http://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_area
http://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_population
National Slavery
*The author blogs at http://renounce-sg.blogspot.com
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1 Jan 2015 - 3:06pm
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In this article I will take my readers into a deep dive exploring the world of remuneration for our political leaders. I will first list the salaries of the highest paid political leaders. Then I will attempt to come up with a reasonable number for what the pay grade should be for each of these political leaders based on factors such population, land size and GDP per capita.
Table #1: Highest political leader salaries for 2014
| Leader Name | Country | Salary (USD) |
|---|---|---|
| Lee Hsien Loong | Singapore | $1,700,000 |
| Leung Chun-ying | Hong Kong | $530,000 |
| Barack Obama | United States | $400,000 |
| Tony Abbott | Australia | $345,000 |
| Michael Higgins | Ireland | $340,000 |
| Stephen Harper | Canada | $296,400 |
| John Key | New Zealand | $290,000 |
| Angela Merkel | Germany | $283,600 |
| Shinzo Abe | Japan | $273,000 |
| Jacob Zuba | South Africa | $272,000 |
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</tbody>
Table #2: Recalculated salaries based on population, land size and GDP per capita
| Leader Name | Country | Population | Land Size (sq km) | GDP Per Capita | *New* Salary |
|---|---|---|---|---|---|
| Lee Hsien Loong | Singapore | 5,469,700 | 710 | $55,182 | $281,389 |
| Leung Chun-ying | Hong Kong | 7,234,800 | 1,104 | $37,955 | $190,021 |
| Barack Obama | United States | 320,085,000 | 9,526,468 | $53,001 | $680,355 |
| Tony Abbott | Australia | 23,713,100 | 7,692,024 | $64,578 | $423,523 |
| Michael Higgins | Ireland | 4,609,600 | 70,273 | $48,608 | $248,352 |
| Stephen Harper | Canada | 35,675,834 | 9,984,670 | $52,037 | $395,708 |
| John Key | New Zealand | 4,551,290 | 270,467 | $40,516 | $209,836 |
| Angela Merkel | Germany | 80,783,000 | 357,114 | $44,999 | $309,349 |
| Shinzo Abe | Japan | 127,070,000 | 377,930 | $38,468 | $323,189 |
| Jacob Zuba | South Africa | 54,002,000 | 1,221,037 | $6,621 | $99,317 |
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</thead><tbody>
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From the tables above, it is quite apparent that Singapore's Lee Hsien Loong is significantly overpaid. Barack Obama and Stephen Harper deserve a little raise, due to the large countries they manage. Note that the parameters I used are arbitrary, purely as an illustration to compare salaries paid to these political leaders based on well-known and easily-quantified factors. Of course you are welcome to run through this exercise with other parameters as you see fit. Regardless, any exercise of this sort would most likely indicate how overpaid Lee Hsien Loong really is.
<ins id="aswift_1_expand" style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: inline-table; visibility: visible; position: relative; background-color: transparent; border-image: none;"><ins id="aswift_1_anchor" style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: block; visibility: visible; position: relative; background-color: transparent; border-image: none;"><iframe name="aswift_1" width="336" height="280" id="aswift_1" frameBorder="0" marginWidth="0" marginHeight="0" scrolling="no" vspace="0" hspace="0" allowfullscreen="true" style="left: 0px; top: 0px; position: absolute;" allowTransparency="true"></iframe></ins></ins>
Using a common sense approach, politicians should serve their countries not for the sake of getting rich, but to improve their respective countries in areas of economy, security, education and poverty reduction. To take office and serve for the greater good is a privilege and honour, and it should not be measured strictly in dollars and sense for the office holder. Checks and balances are required in any modern democracy. This is sorely lacking in the city state of Singapore, which explains why the politician salaries are way too high. In the Western world, there would be public outrage at such exorbitant salaries for any head of states.
Sources:
http://www.richestlifestyle.com/highest-paid-political-leaders-in-the-world/
http://www.bloomberg.com/news/2012-...n-panel-recommendations-after-2011-polls.html
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita
http://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_area
http://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_population
National Slavery
*The author blogs at http://renounce-sg.blogspot.com
