Friday, December 19, 2008

Can You Live On $169,300 A Year?

Can you live on $169,300 a year? I know I could. However, it appears that those in Congress can't.

After telling CEO's of various companies that they should only earn one dollar a year, and with over 2 million people newly out of work, Congress has "earned" itself another pay raise.

Granted, the pay raise is just 2.8 percent, but still. With the average congressional pay at $169,300 a year, and the average family income as reported by the Census Bureau at $50,233.00 a year, there seems to be somewhat of a discrepancy here in pay.

I will give credit to at least one incoming representative. Representative. Harry Mitchell, a first-term Democrat from Arizona, sponsored legislation earlier this year that would have prevented the automatic pay adjustments from kicking in for members next year. But the bill, which attracted 34 cosponsors, failed to make it out of committee.

Imagine that. Didn't even make it out of committee to the floor for a vote.

In the beginning days of 1789, Congress was paid only $6 a day, which would be about $75 daily by modern standards. I say we pay them that, and then let's see what happens to our government.

So, can you live on $169,300 a year?

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