Shreveport.com - Late fathers day gift for this lad

Quote:

Originally Posted by joepole

Our politicians don't really get paid that much.

Depends on which politicians you mean. Congressmen get a HUGE salary and benefits.

Quote:

As I am sure many of you have heard in recent news during the Summer of 2006, the federal government has once again voted against raising minimum wage for the hard-working American people. This is not the first time this vote has come before Congress this decade or even the first time they have voted it down, but what is really disturbing is when you consider who decides Congress's pay. You may not be surprised to know that they do! Congress not only decides how much we get paid, but how much American money is placed in their own pockets each year. And to top it all off, Congress has no moral or ethical problem in considering themselves for a raise right after turning down a raise of minimum wage. This is what is happening right now, as of the Summer of 2006!

Let's take a good look at our Federal Government's Congressional benefit information. According to The Congressional Institute, members of Congress are currently paid $165,200 per year before taxes, more than 13 times what most hard-working Americans get. In addition to this, because many Congressmen are also business owners, they are allowed to earn an additional 15%.The lowest possible pay on the Congressional charts is $129,500. The average hard-working American who has a minimum wage job ($5.15 per hour), makes $9,888 per year before taxes ($824 per month). How much of it that is taxed depends on how often they are paid and how many dependants they have. Also note that if you work a job that earns tips, you likely make less than minimum wage! In addition to their considerable salary, members of Congress have a very nice benefits package that includes health and life insurance, and a retirement plan which depends on how long they served and how they chose to implement it. According to the Congressional Institute, "The average retired Member in 2002 who had used the FERS system while in office had served for 18.7 years and receives $41,856 annually." This is still $31,968 more than what a hard-working American gets.

There you have it! Congress is well taken care of with their salary and benefits, while the hard-working American lives in low-rent housing, struggling to survive. Ironically, that $824 per month is quickly becoming the average amount for low-rent housing in many places in the U.S., especially New York. And we wonder why the average American is forced to live on the street?