Tuesday, November 29, 2011

Congressional pay

Interesting: Matt Glassman compares Congress' salaries to inflation and finds that, contrary to popular opinion, after all the peaks and valleys Congress is barely paying itself more now than it was in 1913.

To the extent that congressional pay is a problem, it may actually be that it's too low. Paying congressional representatives inadequately opens the door to corruption and locks out the non-wealthy.

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