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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (619219)7/14/2011 10:19:02 AM
From: Taro2 Recommendations  Read Replies (1) of 1576255
 
My buddy Bob N made this comment:

"Buffet is right. But it would require a constitutional amendment, and the
chances of that getting thru Congress are nearly zero.

I had another, rather similar but more complicated, idea:

Starting immediately we pay all Congressman and Senators (and high
executive officials) a salary equal to the average wage across the USA.
No more. And no benefits (or at least very limited benefits).
There will still be plenty of "qualified" candidates.

Then, 20 years after each one leaves government employment (in
any form), we make a measurement of how the economy has turned
out since he left office. If it has done well, we cut him a big bonus
check (subject to income tax, of course - after all he did support the
income system, right?). But if the economy has done poorly, he gets
a very small bonus check.

All the details of this would need to be worked out, such as how
certain economic measurements will be made. But the intent is clear.

This method accomplishes two things:

1. Our governing officials are forced to concentrate on the longer term,
not on goodies that will help them get re-elected two or six years later.

2. Every official is encouraged to serve a shorter time, not even
thinking about becoming a career politician - because his 20-year clock
does not start running until he is gone.

Of course the chances of the Nelson Amendment getting set up are
essentially nil, same as Buffet's idea.
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