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Or maybe we might just see a sudden increase in inflation accordingly. |
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We have a political party that requiers the senators to give their wages to the party and the party then pays a much reduced fee to the senator. The rest is paid to charity. |
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actually, it would make much more sense to pay them a lot more money. It might become a more desirable occupation on its own merits, rather than on the fringe benefits traded for political favors. |
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There is a school of thought that minimum wages aren't a good idea at all. Is it better for someone to be unemployed than underpayed? In practise, increases to the minimum wage rarely cause many redundancies, but this may be because politicians do occasionally consult economists before acting. |
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Link their paychecks to the minimum wage and the minimum wage will be set far too high, resulting in unemployment. Anyway, it would be simpler and easier to get the politicians to increase the minimum wage as far as desired, rather than pledge to be among the lowest paid employees in the nation. |
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//actually, it would make much more sense to pay them a lot more money. It might become a more desirable occupation on its own merits, rather than on the fringe benefits traded for political favors.// |
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I've been thinking that. In fact I suspect that's the reason why their paychecks are as modest as they are. If they voted themselves the sort of paychecks that CEO's get, CEO's would run for government and probably win power. When the US national debt is $10 trillian, a party of people that make money rather than accumulate debt looks rather good. |
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well on the plus side bribes wouldn't cost as much... |
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