Submitted by Tyler Durden on 09/23/2014 14:03 -0400
On the surface, earning $174,000 per year, while putting one solidly in the top 10% of all US earners, does not sound like much. This happens to be the 2014 allocated wage of America's elected political representatives, the members of the House of Representatives. And indeed, in the grand scheme of things it isn't much... until one considers that in the 102-day period between August 1 and November 12, this wage will be "earned" for just working a paltry 8 days, which, presuming 10 hour workdays, amounts to a whopping $608 per hour, on par with what some of America's most prominent lawyers earn. It is also several times the hourly compensation of anesthesiologists, one of the highest-earning professions, according to the Bureau of Labor Statistics, at $113 an hour on average.
According to The Hill, liberal activist Ralph Nader worked out the eye-popping calculation in an angry letter he sent to Speaker John Boehner (R-Ohio) on Monday. From The Hill:
“While millions of Americans are working more and more for less and less, you and your House of Representatives seem to have no problem working less and less for more and more,” he wrote.
Nader calculated that Boehner, who earns $223,500 a year as Speaker, will earn roughly $781 per hour over a three-and-half month span, given Congress worked only eight days. Boehner has a higher salary than rank-and-file members.
Lawmakers and their aides rebut Nader’s claim by arguing that time spent in Washington is only part of their job. The other part is meeting with and serving constituents back in their home districts and states. That’s why they call the time away state and district “work periods.”
But critics, including President Obama, aren’t buying it. Obama scolded lawmakers on Aug. 2 for going “on vacation” without passing legislation to raise the minimum wage or reduce interest on student loans.
Yes, we too find it ironic for Obama to be bashing others' vacation practices, but in this case he happens to be right: because if there is one job that is more useless than that of the US GOTUS, it is that of a US politican, whose "work" is laid out as follows:
“We make men without chests and expect from them virtue and enterprise. We laugh at honor and are shocked to find traitors in our midst.” C.S. Lewis, The Abolition of Man