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Are Politicians Too Rich To Understand Us?

Discussion in 'Political Issues' started by JBnTX, Jun 13, 2012.

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  1. JBnTX

    JBnTX

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    How could any member of congress possibly understand how the average American citizen is doing financially?



    http://www.ktvq.com/news/are-politicians-too-rich-to-understand-us-/

    "The president's worth is estimated at $8.3 million, while Mitt Romney's is placed at a staggering $255 million."

    "How can either of these men empathize with the financial plight of America's middle class?"

    "Politics has become so saturated with cash that its protagonists have started to feel surreally detached from everyday life."

    "The average citizens' annual income is $49,445."

    "In 2010, the average net worth of a U.S. senator was $13.2 million, and the average worth of a House member was $5.9 million."

    "...the days of the citizen legislator are long gone."

    ..
     
    Last edited: Jun 13, 2012
  2. certifiedfunds

    certifiedfunds Cosmopolitan Bias

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    No issue with wealthy politicians. Wealth often follows education and various desireable professional attributes including leadership. You want those types in office and successful people have the equity with those around them to marshal the resources.

    I have huge issues with politicians using their using the office to become wealthy.
     

  3. countrygun

    countrygun

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    I think that brush is a bit too broad. there are all kinds of "politicians" and there are all kinds of "rich" people.
     
  4. sr556m9

    sr556m9

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    Hell yes they are. I've got no issue with wealthy people (they actually contribute instead of taking like the aholes in Detroit and Chicago). The truth of the matter is that the majority of our national politicians are so disconnected from reality it's sickening.
     
  5. Bflying

    Bflying

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    Well their house help and gardeners are poor. Is that close enough to them to understand? ;)
     
  6. jakebrake

    jakebrake cracker

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    the word "yes" comes to mind.
     
  7. MLM

    MLM

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    Seems, at the National level, politicians can get into office with very little to their name, yet, after a term or two, leave office a millionaire.
     
  8. walt cowan

    walt cowan

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    they just don't understand we can't do insider trading or use insider info but, we can eat cake.
     
    Last edited: Jun 14, 2012
  9. series1811

    series1811 Enforcerator. CLM

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    It's funny to have watched one of our local politicians who went from city councilman to U.S. Congressman, and to go look at the house he lived in back just a few years ago and then to look at the one he lives in now.

    It's hard not to smell something.
     
  10. certifiedfunds

    certifiedfunds Cosmopolitan Bias

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    This.

    Consider Newt. Before government, Newt was a middle class history professor. Now, thanks to big government, Newt's rich enough to blow half a mil at Tiffany.
     
  11. Berto

    Berto woo woo

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    I tend to be put off by wealth envy or class warfare that gets thrown around by the media so often, but there's no question government is a growth industry with politicians further insulating themselves from the consequences that affect ordinary hard working people.
    It's not realistic to believe they are stewards of our money, that's for damn sure.
     
  12. certifiedfunds

    certifiedfunds Cosmopolitan Bias

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    You use office to make contacts. Those contacts solicit favorable legislation to suit their interests. You accept campaign donations in exchange for your support of favorable legislation and the money helps to keep you in office. So you pass the laws and grow the government in areas that the government has no business dealing.

    Then, when out of office you form PACs and start consulting to help companies navigate the legislative branch and navigate the laws you created and the government you grew. For this you get paid handsomely.

    All the while, you get rich off of big government without any actual government funds going into your pocket.

    Is it any wonder why neither party really wants to shrink government?
     
    Last edited: Jun 14, 2012
  13. barbedwiresmile

    barbedwiresmile Unreconstructed

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    In regards to the OP question, the evolution of our government suggests that politicians understand us all too well.
     
  14. beforeobamabans

    beforeobamabans FYPM

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    Typical lack of critical thinking. Don't you want experienced, proven leadership in highest office? You must love William Jefferson Clinton who never made more than $35,000 before he became president (and is now a millionaire).

    BTW, do you know who our wealthiest (inflation adjusted) president was before being elected to office?

    George Washington

    Do you know who the lowest paid president was?

    George Washington, who refused the $25,000 salary that Congress appropriated for him.

    Now THAT, is statesmanship.
     
    Last edited: Jun 15, 2012
  15. pugman

    pugman

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    Actually, I think your figure is too high.

    For the 2010 filing year, the top 50% of wage earners in this country made $33,058, the top 10% was around $133K, the top 1% made $334k (or $338 I forget which). My figure might be household not person...can't remember this either.

    I have an immediate family member who was a member of Congress for 8 years (he left voluntarily which I will go into detail on). As someone who has spoken to him, his wife and his children at numerous weddings, funerals, and family reunions I can honestly say I'm sure its not the money.

    He left Congress, ran for a more prestigous office and lost, was made an Ambassador then left office when his party lost the election and he felt his post would be reassigned, got a sweetheart job with a company in his former district making twice what he did in Congress and is currently running a nonprofit.

    Actually, I stand by its not the money. Congress's starting salary is $174,000 a year with a extremely nice benefits package (majority and minority leaders along with the Speaker make a little more) Don't get me wrong - it more than I make. I have heard people argue they demand this salary because you want the brightest people in the country running things.

    Have you seen what's in Congress - the salary certainly isn't attracting the brightest. As a matter of fact lets be brutally honest - if your goal is money and you have the brains there are a lot of other places (law firms, fortune 500 companies, etc) you can make this salary. My brother designs server packages for companies and makes this salary.

    The average CEO pay in this country is over $13 million - and this isn't a bash Wall Street thread - and a partner in a law or accounting firm can make $175,000.

    Politicans DO understand us - they simply don't care. I have talked with a drunken politican around a fire for hours - what he has told me other politicans have stated about the American public behind closed doors probably wouldn't shock you if you think like me.

    While many feel a politican's goal is to get relected this is sort of true - a politican's goal is to stay reelectable.

    Trust me....they understand us perfectly
     
    Last edited: Jun 15, 2012
  16. Chuck66

    Chuck66 Traveling Man

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    I think the median income was $49ish. Might be where that figure came from?



    Outdoor Hub mobile, the outdoor information engine
     
    Last edited: Jun 15, 2012
  17. bear62

    bear62 Armed Bear

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    Slick Willie comes to mind ......:faint:
     
  18. certifiedfunds

    certifiedfunds Cosmopolitan Bias

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    It is the game. He's a great example but it crosses party boundaries.

    The only current one I can think of who breaks that mold is Ron Paul.
     
  19. pugman

    pugman

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    I'm sure they are both right - its income numbers which means given enough time I can get them to say anything.

    When I talk to people (and this includes republicans and democrats and liberals and conservatives since cluelessness doesn't discriminate) it surprises them how little money people in this country make.

    My point is $33,000 a year is NOT a lot of money. Stock shelves at target full time and have a part time bartending job on the weekends and you are probably in the upper 50% of wage earners. This is not a judgement on the person's ability to generate an income - its a reflection on the fact nearly 50% of this country is on some sort of dole
     
    Last edited: Jun 15, 2012
  20. .264 magnum

    .264 magnum CLM

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    At least it fairly clear Newt didn't get rich through graft and malfeasance. As you know he's been a prolific author and he earns serious bank as an event speaker.
     
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