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nwellinghofftoday at 3:17 PM3 repliesview on HN

Agreed. The whole idea that they are in it for the “service” is a really naive idea. If we want honest hardworking and qualified people to do the job the salaries should be in the 500k to 1.5m (senate) range. Then knock out the corruption.


Replies

gcrtoday at 7:19 PM

i'd support that if and only if it required congresspeople to divest from individual stocks. with perhaps some compromise like...maybe they could hold "total market" index funds, or are only able to trade once a year, or etc

thmsthstoday at 3:42 PM

According to this link [1] 200k would put someone above the 80th percentile and not far below the 95th percentile in terms of household income for the DC metro area, so I don't see how that could be considered "underpaid", especially when you consider the benefits.

[1] https://statisticalatlas.com/metro-area/District-of-Columbia...

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skrblrtoday at 3:58 PM

If someone is paid 500k-1.5M, do they suddenly lose interest in further enriching themselves? I don't understand this argument.

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