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To: tomball
I have a modest proposal:

Every lawmaker's pay should be pegged to the stock market.

The broadest measure of stocks' value is the Wilshire 5000, which includes essentially 100% of the traded equities in the US. As such, it suffers from little sector or capitalization bias.

The Wilshire closed at 8365 today (7/18). Times 20 is 167,300.

Set each lawmaker' pay at 20 times THE PRIOR YEAR'S AVERAGE.

They'll have every incentive to keep taxes and interest rates low, with no incentive to ramp things up just in time for the elections.

18 posted on 07/18/2002 5:07:09 PM PDT by NativeNewYorker
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To: NativeNewYorker
I like Walter William's idea,pay them $10,000,000/year as long as they promise to stay out of Washington D.C.for their entire term.It would be far less expensive to us then to let them continue spending other people's money!!
50 posted on 07/18/2002 7:35:33 PM PDT by Shovel88
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