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April 8, 2008 - 2:22am.
If the presidency is worth so much after one leaves the White House, why is it worth so little during time in office when the occupant has the active management of the largest corporation in the world? That rate, $400,000 annually, is so low for the immense responsibility as to be embarrassing if not insulting. During his years in the Oval Office and long service as governor of Arkansas, Bill Clinton was a modestly paid public servant, dependent in Little Rock on his wife's law practice and fairly generous non-cash perks provided by the state's taxpayers to make ends meet. But in the eight years since he left the Oval Office here, we now know, with Sen. Hillary Clinton's release of their income taxes, that the power couple amassed more than $109 million from book royalties, speeches and investments, putting them among the wealthiest politicians historically. There's nothing wrong with that. After all, going from rags, so to speak, to riches is the American way. And the Clintons paid about $33 million in taxes and gave another $10 million or so to charity, which alone mutes some of the criticism of their financial endeavors. Gone is the time when a dying U. S. Grant had to struggle in pain to write his memoirs just to keep his family afloat or a financially strapped Harry Truman moved back to his late mother-in-law's home in Missouri. The nation now takes care of its former presidents with staff, protection and a pension as it should. All this begs the question as to why the salary for this most important and demanding of all jobs is not even close to what CEOs of major corporations are paid. (One hesitates to use "earned" here when their company results frequently don't reflect such generosity). Total compensation, for instance, for the president of American Express was $50.1 million last year and the head of Tyson's food in Clinton's home state was paid $15.3 million, according to recent news reports. The list of big-time CEO compensation packages is eye popping not to mention the millions of dollars paid annually to a slew of barely post pubescent basketball players. But Americans seem to think that occupying a public office is enough reward and that those who conduct their business from the city hall to 1600 Pennsylvania Ave. should do so willingly and sacrificially. Yet at the same time they want those "servants" to be highly qualified, scrupulously honest and utterly dedicated even if their families have a hard time because of all the demands of office for which they aren't compensated. Is it any wonder that those who should run can't afford to? Perhaps if the pay scale were better the quality of office holder would be higher but also the vulnerability to scandals much lower. Will Rogers said that Congress is the best money can buy and he wasn't talking about legitimate compensation. Even earlier another humorist, Kin Hubbard, remarked that, "now and then an honest man gets sent to . . . the legislature." So to combat the appearance that they might be interested in compensation commensurate with their responsibilities and certainly not more than that earned by their poorer constituents, lawmakers hesitate to give themselves a raise year after year. That means others in government, no matter how important the job, including the presidency, fail to get paid what they should because Congress controls the purse strings. When asked by a reporter once what he was paying his top aides, Lyndon Johnson replied as only he could that he held the highest office in this land, was the leader for the free world, commander in chief of the greatest military machine ever assembled and "you ask me a chicken (expletive) question like that?" His point was well taken. Considering the awesome responsibilities of the office and the toll they take on the occupant no manner of compensation is probably enough. Few of those who hold the job come away physically unscathed. The office ages one dramatically. The longer one stays in it, the more debilitating the consequences. Johnson died well before his time shortly after leaving the White House. Clinton has had heart surgery at a relatively young age. Certainly, the pay for such an assignment should more adequately match the level of stress. An annual rate of seven figures would not be too much. Why should presidents be worth so much more out of office? (Dan K. Thomasson is former editor of the Scripps Howard News Service.)
Capitol Hill Blue's columnists, blogs and reader comments Capitol Hill Blue is an independent, non-partisan news site that belongs to no political party and subscribes to no political or philosophical point-of-view. Our columnists are welcome to their opinions but readers should understand that their views do not necessarily reflect the editorial policies of this web site. We also welcome comments to selected opinion columns and in our popular ReaderRant discussion forum. Please remember, however, that we believe in civility on this web site and comments may be reviewed, moderated or removed if we feel they contain obscenities, racism, bigotry, anti-Semitic remarks or attack other posters. Our goal is reasoned discussion on issues facing this nation and we do not feel that goal is served by personal attacks and by seeing how many cute adjectives you can attach to an elected official or politician's name. Copyright © 2008 Capitol Hill Blue
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It pays a salary in the top
Submitted by dbumRob on April 8, 2008 - 7:54am.It pays a salary in the top 5% of the country, let alone the rest of the world, and if you raise a salary, then it becomes a job prospect, not a civil service vision.
I say the opposite. Or, better yet, lower the wages of athletes and entertainers and CEOs so that the job has more gloss to it. Otherwise attaining the seat that costs millions to pursue becomes the domain of only the wealthy.
"...have a hard time because of all the demands of office for which they aren't compensated."
Wow. A family can't make it in America on $400,000 a year, with free housing. Sorry Dan, I'm not buying that tripe. Especially considering that many currently in office are making bookoo bucks on speeches and book deals which make them millionaires. Hardly a sacrifice when they pass laws that bail out investment banks and leave homeowners high and dry.
And pay won't alleviate the stress that accompanies the job. In fact, I highly doubt that any President has ever stated, when faced with a situation like say, oh, Pearl Harbor, or for the dolt in charge even, "Gee, if I were paid more this wouldn't be so difficult." Well, maybe for Bush it would, because he doesn't give a crap about the constituency he serves.
All this to say I think your idea is a cosmic flop. On the other hand, a great piece of sarcasm.
Ist . the government isn't a
Submitted by Jim C on April 8, 2008 - 9:19am.Ist . the government isn't a corporation or a business . 2nd . the problem isn't that presidents and other politicians are paid too little , a vast majority of us would love to make a fraction as much , the problem is executives are vastly over paid . 3rd , I don't think a lot of corporations or burger joints for that matter would exactly be clammering for the services of the the likes of , oh say , any of the bushs or ronald reagan in management positions if it was management skills rather than their connections or script reading ability they needed . I say pay the congress and the executive branch a mutiple of what the average american makes , say , maybe five times ( tops ) for the house and senate and perhaps seven times for the president plus of course reasonable expenses and dissallow either of the aformentioned from cozing up to special interests or lobbyists . That would go much farther cleaning up government than paying them like corporate bandits . This drift toward treating and paying politicans like royalty instead of public servants is a lot of the problem with government at present . They are so far removed from the average citizen they have no idea of the reality of the common mans life .
"Ist . the government isn't
Submitted by CheckerboardStr... on April 8, 2008 - 2:18pm."Ist . the government isn't a corporation or a business."
---With all due respect, what rock have you been living under?
It absolutely IS a corporation and a business.
The lines between government and business have been so blurred by the recent waves of outsourcing and privatization that the very venues of law and order themselves are now profit-making ventures, our military is a profit-making venture, strategic policy-making is a profit-making venture, research is a profit-making venture, postal communications is a profit-making venture and most of all, the creation, management and custodianship of both money and credit has BEEN a privately held profit-making venture since 1913.
And the latest bonanza, held off only by an onslaught of public outrage fizzling into stubborn indifference, was to privatize social security.
But there's always the NEXT Republican administration to finish THAT off.
Exactly WHICH area of government ISN'T a profit-making venture?
The Veteran's Affairs Administration?
Maybe.
For now.
JeffH in Occupied TX
No pay raise! If the pay
Submitted by JudyB on April 8, 2008 - 12:17pm.No pay raise! If the pay is to low, they shouldn't be asking for the job. How many times in your life, would you have liked to fill a position that didn't pay enough? For many of us, I think the answer would be several times.
While the President is at the White house or travels regarding his position, he has his housing, travel and his staff paid for plus a $50,000. annual expense account. I doubt if he has to concern himself much with his daily costs for gas or a loaf of bread like the rest of us do.
I would very much like to know what our Presidents ACTUALLY pay out of their salaries, other than the expenses of running the other home/homes they may own before elected.
I found this google that answered some of my questions..the key words being "is supposed to pay" or "is expected to pay"
http://answers.google.com/answers/threadview?id=72...
" The lines between
Submitted by Jim C on April 8, 2008 - 4:20pm." The lines between government and business have been so blurred " , what you described in that sentence is almost the textbook definition of fascism . While I admit fascism is a form of government , it isn't supposed to be " our " form of government . Ideally ( and constitutionaly ) our government is supposed to represent the people , not business , not corporations or monied special interests above the interests of the people . What I was refering to was the way things should be and for the most part were until somewhere around the 80's things started to run amuck . I am well aware what is going on in whats left of our country . The points I made were addressing what I see as some glaring problems with the disconnect between the world of the governing and the goverened . The republican notion that our nation should be run like a business is one of them . Our government is supposed to represent the citizenry in large part by making sure we are self goverened , our rights protected against the powerful and we are not turned into serfs by would be aristocrats , Teddy Roosevelt ( and FDR ) well understood this concept . If those ideas make me an idealist , so be it . Now , if you'll excuse me , I must get back under my rock .
Relative to the
Submitted by Carl Nemo on April 8, 2008 - 8:57pm.Relative to the sub-standard, nation-destroying, "we the people" unfriendly performance we get from these elected presidential clowns, I'd say they are grossly overpaid...! : |
Carl Nemo **==
We want to have a president,
Submitted by Paolo on April 8, 2008 - 11:46pm.We want to have a president, not a king. Four hundred thousand dollars is plenty to keep the president and his family in good shape, especially considering free room and board at the White House.
The pay of executives of top corporations is entirely a private matter of the corporation. If the board of directors and the stockholders overpay their top executives, they are fools. But that is their concern; it is no concern of anyone outside the company. If they underpay their executives--especially if those executives have talent--then those executives will move to greener pastures. This ought not be a subject of public debate.