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Y'all looking to get in on this?
Like I get the whole moralistic bent about not wanting to pay representatives big incomes relative to their constituents because politician bad and “they should be doing it for the pride of serving”, or like term limits because “I don’t like these politicians and they keep getting reelected/ serve life terms.”
But realistically, if you want skilled professionals in a field, you need to pay them competitively and offer long term career prospects. Otherwise you’re going to only get people who take the job as a stepping stone to another position, like a high paying job at a big company they passed a bunch of laws to help, or who can make money in other ways.
As it stands right now, the whole stock trading thing is largely a result of how little congress people are payed relative to the importance of the position. Like, sure, it’s a six figure salary with a great benefits package, but, that’s peanuts compared to what a modern private sector executive make, even a mediocre one.
If anything, congress people should probably have their wages increased significantly.