The issue of compensation for politicians is difficult. There is no P&L statements and balance sheet to provide guidance. What is however clear is like shareholders, the electorate has to be happy with whatever formula or model that is used. The common denominator for all voters is either income or wealth. It is therefore natural that this comes up as a possible primary variable.
Personally my preference is to model it against the British model where the pegging is done against the civil service benchmark. Both are public service. To retain the best in the civil service, the salary is periodically adjusted against the general income of the general public.The mean income however is gaining currency as it will help close the gap in the gini coefficient score.
The other things is that you are taking their interpretation of welfare to the extreme. Nobody wants to feed deadbeats. A meaninful and sustainable safety net is what has been called for. Its meant for the needy and the unfortunate. It is not meant for lazy, the hopeless and the undesirables.
Personally my preference is to model it against the British model where the pegging is done against the civil service benchmark. Both are public service. To retain the best in the civil service, the salary is periodically adjusted against the general income of the general public.The mean income however is gaining currency as it will help close the gap in the gini coefficient score.
The other things is that you are taking their interpretation of welfare to the extreme. Nobody wants to feed deadbeats. A meaninful and sustainable safety net is what has been called for. Its meant for the needy and the unfortunate. It is not meant for lazy, the hopeless and the undesirables.
It can hardly be called a "serious" debate.What we have here is a bunch of airheads who actually believe that the remuneration for an important job like running the country should be determined based on the income levels of a bunch of lazy, unmotivated layabouts unable or unwilling to pull their weight like the rest of the productive members of .
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