People In High Visibility Public Sector Jobs Should Be Underpaid
Underpaid, that is, vis a vis what they'd make in the private sector. Good argument by Steven Eide at PublicSectorInc:
At the Federal level, to raise pay packages for presidents, Senators and Representatives up to market-rate status would be to overcompensate them. High public office brings with it more intangible satisfactions (power and honor) than enjoyed by corporate executives. These compensate officeholders for the inconvenience of holding office, and thus should be understood as compensation.
The dimwits on the LA City Council should be given donuts for showing up and enough pay to rent a one-bedroom apartment in an okay part of town.
Instead, via the LA Times' Patrick J. McDonnell:
Los Angeles has the nation's highest average salary -- $178,789 -- for its 15 council members. San Antonio has the lowest, at just $1,400.
They also get a city car and are allowed to ignore their parking tickets. Which is why, hey, no big deal for them if the rate for forgetting to move your car on street cleaning day has gone up to $68. (It was about $25 when I got to LA in the 90s, which is punishment but not so much that it costs some people what might be their entire day's pay, or close to it.)