alt Hacker News> It should be an expected price of public service that you remove yourself from most other ambitions.
Countries like Singapore already figured out that if you pay public servants very well you can attract high quality people to government jobs.
If you make part of the job requirements that you sacrifice your retirement and financial well being for the good of the country you’re just targeting a type of politician you wish existed, not real people.
> I'd hope that if they were required to live off of their (rapidly depreciating) savings and income
The problem with your line of thinking is that “they” is not a fixed set of candidates. If you forced them to have “rapidly depreciating” financial states to take the job, you’d lose a lot of candidates. I know you’d like to imagine they’d be replaced by perfect utopian candidates who only have your best interests in mind, but in reality if you make people financially desperate they’re actually more likely to look for ways to commit fraud for self-benefit. Imagine the desperate lawmaker watching their family’s retirement “rapidly depreciate” who gets a visit from a lobbyist who can get their kid a sweet $200K/yr do-nothing job if they can just slip a little amendment into a law.
The populist movement to punish lawmakers is self-defeating.
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Nebraska has a unicameral legislature that isn't in session year round. Pay is $12k/year (with travel per diem). This low salary leads to an older cohort of senators, either retired or wealthy enough to work part time. This low salary completely neuters the ability of younger people to enter state politics until they've amassed enough money to survive for four years.
> requirements that you sacrifice your retirement and financial well being
Holding index funds seems reasonable (Total Stock Market, S&P 500)... not a huge sacrifice imo
Hong Kong already showed that paying public servants well doesn’t stop corruption.
> Countries like Singapore already figured out that if you pay public servants very well you can attract high quality people to government jobs.
I see this argument a lot, but I think it treats people as uniform input-output machines. Singapore is successful in this regard because of much more severe and very real penalties for corruption, and because not "everyone does this". You can't bribe immoral people into behaving morally, because in the absence of morals they have no incentive not to just take your bribe and keep doing what they're doing.
A significant number of corrupt public "servants" are multi-millionaires, no amount of money will ever be enough for them.
Compare the observation that in superhero comics, wealthy villains can be self-made, while wealthy heroes invariably get that way through inheritance.
The only acceptable leader is someone who was born so rich that he leads as a hobby.
> Countries like Singapore already figured out that if you pay public servants very well
So insider trading is not a thing among Singapore's ruling class?
Or we can recruit lawmakers how we choose juries: randomly. Every two years we randomly select 435 individuals to serve in the House and 100 random people for the Senate. We pay them well, and they pass a basic literacy test. No money in politics, no parties. You have to for a coalition to govern.
One objection could be this: but what if we hire unqualified people. The counterargument: do you think are current legislators are more or less qualified than an average person?
Another objection: but what if they don’t want to do it? Counterargument: when a juror does not want to be on a case, they are almost always dismissed from it. Doesn’t mean you get to skip jury duty, just that you don’t get to do that one.
One last one: this will disrupt those people’s lives. Counter argument: what Congress is and isn’t doing right now is disrupting everyone’s lives as are lobbyists and special interest groups.
Something similar has been done in Ireland with their assemblies. And I do think that if you cannot convince 535 randomly selected average citizens that a law should be passed, that law is probably not worth passing.
Democracy is a terrible form of government. It’s just that it is about 5x better than anything else we have invented so far. Doesn’t mean we should stop looking for a better system.