Just saw this article on Foxnews.com: “Pay Raises for Lawmakers Anger Watchdog Groups”. The subtitle tells much of the story: “Each lawmaker is due for a $4,700 cost-of-living wage hike starting in January, which will amount to a total cost of $2.5 million for taxpayers.”
Yep. I had thought that the failing executives who flew in expensive private jets to their hearings to beg for money had ridiculously horrible PR abilities. Apparently, Congress — gearing up to accept raises of almost $400 a month, raising their average salary to $174,000 per year (House Speaker Pelosi will apparently go to $222,100 per year) — is interested in giving them a run for their money. After hammering business executives of floundering companies about accepting bonuses and raises in light of such failures, it seems odd that that they would accept such a raise themselves, but I suppose that this pay hike is acceptible because — unlike the business executives in question — the politicians have, you know, done a much better… um… job. Yeah.
Seriously, in a business where image and perception often seems to be everything, it’s hard to imagine that our men and women in congress can be so tone-deaf. Attempts by some lawmakers to prevent the raise have been rebuffed. Maybe cooler, more image conscious heads will prevail before the raise goes into effect.