Black Irish
Wise Guy
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Here's a link from Freakonomics where they examine the idea of getting a better grade of politicians if you raise their pay scale.
Freakonomics » Would Paying Politicians More Attract Better Politicians?
I'm skeptical of this really working. I don't think too many people get into politics for the money. So many of them are actually taking a pay cut when they take office. This may make sense on the local level, where a lot of city/county council members are part time and don't make much. But on the national level, you've basically guaranteed yourself a 6 or 7 figure lobbyist job after only serving a few terms in Congress. Yet so many of them don't cash out, but just hang around for 20-30-40 years. I'd say the power and the prestige is more attractive for most politicians. Thoughts? Opinions?
Freakonomics » Would Paying Politicians More Attract Better Politicians?
I'm skeptical of this really working. I don't think too many people get into politics for the money. So many of them are actually taking a pay cut when they take office. This may make sense on the local level, where a lot of city/county council members are part time and don't make much. But on the national level, you've basically guaranteed yourself a 6 or 7 figure lobbyist job after only serving a few terms in Congress. Yet so many of them don't cash out, but just hang around for 20-30-40 years. I'd say the power and the prestige is more attractive for most politicians. Thoughts? Opinions?