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Thank you -- in the average member of congress makes a 174000.
While the median US household -- and household income in this country's about 50000 dollars some argue higher salaries more pay day.
Would big brain better leadership well encountered is with this reform managing director big capital visiting scholar at the American Enterprise Institute with this the studio lot jokes here we could make up -- -- about -- well why we're gonna pay these guys more.
But the serious argument is.
Did you get what you pay for people say.
And if you pay them salaries of top executives for example or something like that maybe you'd have a better performance in congress will be -- Well I I think.
Hard to argue that if you don't pay the more you wouldn't get to it more confident numbers but.
Would you really would really make a difference to what we've -- congress I'm not sure that it would like rich look at which congressman for example vs -- -- difference.
If we headline number on one side and and Paul Krug is on the other side would it make a difference of the divided -- congress.
I don't think that we would see much of a difference at all how we even measure.
If we're getting our money's worth when it comes to your average lawmaker.
Africa where -- how do you measure performance.
I'm not sure how you measure performance that there's a big philosophical divide in the country between the left and the right one affects the economy and what doesn't.
And I think get any level of pay at the highest level of economics of that divide -- philosophical divide exists.
And I think it's just a matter of I on the level of voting through which side's gonna win that that argument and is the other side able to if you will forestall.
One side doing damage at the other side might see and that kind of an interest in question that I -- -- taken brings up because we're in this area like big data where we try to measure literally everything.
I can you start talking about -- -- the president if -- with the -- in the senate at the if you take you say the president makes 400 grand I guess you -- measure the jet president's job performance one person in some ways they aren't worth the money or not but for the congress as a whole.
There's no real metric is there I mean functionality may be if the country gets downgraded by S and -- I don't know.
But how would you describe the president's performance if you're on the left I think you probably think he's doing a great job he's been -- increased government spending dated 23% of GDP and hold it there.
And if you're on the right and you think that lower spending is what makes a difference to the growth in the economy -- look at -- yeah.
And pretty much I -- look at the unemployment -- a look at JP all -- you know economic metrics like I think you make an argument that he doesn't control.
Unemployment I'm not trying to too defensive here -- the -- but if if he doesn't control unemployment and delivering more benefits the unemployed might be what you favorite -- on the nonetheless so how would you think about the performance of the -- -- -- -- -- for a -- -- -- -- -- -- Lawmaker but 'cause this is not quantitative.
He -- -- your average constituent used to be how much money -- lawmaker brought into the community through handouts whether it was earmarks.
Whether it was grants that certain regions in a constituency god and that flies in the face of one to reduce the budget deficit -- and I'll bet.
I'd say don't forget today you go back to the 1960s government spending is about 28% of GDP -- off forty.
So maybe that's not the right metric anymore.
Trying to figure out a way to to because -- And as a -- in the reason I know who our arts conservatives living in rural Virginia like hey look at them downtown on got -- certainly -- government grant I don't I think the -- There is it's kind of a it's a competitive zero sum game which is as long as there's money to be handed out.
-- you're gonna try to go get your fair share of it because if you don't in effect your taxes have been raised relative.
Everyone else -- so the way you get -- tax reduction in that in that system is to try to get more government spending.
-- your direction whether it's for your community whether -- old age whether Europe sector of the economy just looking for subsidy.
The homeowner of this looking for -- to think everybody's fighting for subsidy but that's what happens when you get government spending up -- 40% of GDP people and fight Phillip price fight for the money but you think about this overall argument everybody's always said for years -- you can't get good people Iran and he can't get the right people look.
Run for office but it's not about money even that argument I mean it's about did look into their personal lives -- -- -- -- something they're hiding -- It doesn't ever really come down to money been in terms of how much -- you get well I think -- think the workplace where does come down to money is that deal lighten the congressman is very difficult lot of my living out of their offices their bunker with people went.
In dorm rooms and in -- -- and so they do go off to think tanks quickly make -- ones who are.
The brightest and most cable fixed dollar salary would be in better shape well I think -- they might stay -- in congress but I don't think it would change decision making process I think it might improve the staff and reduce the turnover in the staff.
But what difference does it make what -- -- somebody on the staff of -- committee.
Republican or Democrat or -- have somebody working in a think tank who supplying that.
That thinking both of them are gonna have points of view both of my going to be our congressional staffers would you pay them more before you -- salaries yeah that I -- -- like her show I think he'd get a more stable staff and we don't want as a bunch of junior guys.
In the staff positions and are very familiar with the issues because they don't know how to evaluate the information it's coming from think tanks.
As opposed to you know they're they're young and inexperienced if they bend their for a while they've seen both sides of the argument they developed a point -- either going to be more sophisticated -- you know I think -- I do you think you'd be better placed on the money to good talk thanks says that -- to -- and -- Author of unintended consequences take care at.
And I know this strain.
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