3 ms·

Pelosi doesn't get paid enough is a surface of the sun level hot take.

by cdot2 5y ago

deleted 5y ago
[deleted]
joshuamorton 5y ago
It really isn't. If your goal was to make investing while in congress less appealing, you'd pass laws, yes, but also pay people more. AoC had made the point before that if you make congressional pay too low, it becomes only feasible for the already-wealthy to maintain a political career. Also note that being a congressperson has weird extra expenses, you usually need to have two homes, one in DC and one in your home state, so expenses will naturally be higher than average. (this is one of the reasons that, e.g. Trump claiming to donate his presidential salary was frowned upon: Sure it sounds nice at first, but it implies that either he'll profit off of the presidency in other ways, or if that becomes a norm, that only those who can afford to donate their salary should become president)
- 2OEH8eoCRo0 5y ago
  Because when people pass a certain wealth threshold they just say, "that's enough money, I am satisfied."
  - joshuamorton 5y ago
    I mean...yes, many people do exactly that.
- cdot2 5y ago
  "Trump claiming to donate his presidential salary was frowned upon" Literally every recent president has done this. It only implies that he has enough money to live on and doesn't need a salary. If he hadn't donated it the media would have exploded. I'll add that to the list of instances where people would hate him no matter the decisions he made.
  - joshuamorton 5y ago
    > Literally every recent president has done this. It only implies that he has enough money to live on and doesn't need a salary. Obama and Bush didn't. They donated some, but not all, and they certainly din't make it an aspect of their campaign. As far as I can tell, the last president to donate their entire salary was Kennedy.
- carlivar 5y ago
  Um, if the goal was to make investing while in Congress unappealing I would just ban that. Index funds only. Don't like it? Don't run for re election.
- ben940830298432 5y ago
  Being in government isn’t meant to be a lifelong career. People should only serve a few terms and leave.
JohnClark1337 5y ago
welcome to HN

Pelosi doesn't get paid enough is a surface of the sun level hot take.

by cdot2 5y ago

Pelosi doesn't get paid enough is a surface of the sun level hot take.

deleted 5y ago

[deleted]

joshuamorton 5y ago

It really isn't. If your goal was to make investing while in congress less appealing, you'd pass laws, yes, but also pay people more. AoC had made the point before that if you make congressional pay too low, it becomes only feasible for the already-wealthy to maintain a political career. Also note that being a congressperson has weird extra expenses, you usually need to have two homes, one in DC and one in your home state, so expenses will naturally be higher than average. (this is one of the reasons that, e.g. Trump claiming to donate his presidential salary was frowned upon: Sure it sounds nice at first, but it implies that either he'll profit off of the presidency in other ways, or if that becomes a norm, that only those who can afford to donate their salary should become president)

2OEH8eoCRo0 5y ago
Because when people pass a certain wealth threshold they just say, "that's enough money, I am satisfied."
- joshuamorton 5y ago
  I mean...yes, many people do exactly that.
cdot2 5y ago
"Trump claiming to donate his presidential salary was frowned upon" Literally every recent president has done this. It only implies that he has enough money to live on and doesn't need a salary. If he hadn't donated it the media would have exploded. I'll add that to the list of instances where people would hate him no matter the decisions he made.
- joshuamorton 5y ago
  > Literally every recent president has done this. It only implies that he has enough money to live on and doesn't need a salary. Obama and Bush didn't. They donated some, but not all, and they certainly din't make it an aspect of their campaign. As far as I can tell, the last president to donate their entire salary was Kennedy.
carlivar 5y ago
Um, if the goal was to make investing while in Congress unappealing I would just ban that. Index funds only. Don't like it? Don't run for re election.
ben940830298432 5y ago
Being in government isn’t meant to be a lifelong career. People should only serve a few terms and leave.

JohnClark1337 5y ago

welcome to HN