Congressional lawmakers 47% pts better at picking stocks

Re:Congressional lawmakers 47% pts better at picking stocks by BurningFrog on Wednesday December 03, 2025 @10:46AM (#46135821)

I would bump it to $10M/year. In terms of importance, this is still vastly underpaying these jobs.

That should take the edge off any money seeking schemes. It's hard to bribe the wealthy!

For 435 congress people and 100 senators, that adds up to $5.35B, which is about 6 hours of federal spending.

[ Parent | on HN ]

Re:Congressional lawmakers 47% pts better at picking stocks by wqaatwt on Wednesday December 03, 2025 @12:25PM (#46137255)

You’d have a massive influx of incompetent grifters who only get themselves elected for the salary. At the end of the day public service still has to a “sacrifice” (doesn’t mean that it shouldn’t be compensated at e.g. top 5 percentile income).

[ Parent | on HN ]

Re:Congressional lawmakers 47% pts better at picking stocks by BurningFrog on Wednesday December 03, 2025 @05:18PM (#46141016)

The Singapore experience is very different.

They probably do more than just pay a lot though.

[ Parent | on HN ]

Re:Congressional lawmakers 47% pts better at picking stocks by wqaatwt on Thursday December 04, 2025 @02:50AM (#46144891)

Singapore is a city state and a semi-dictatorship. I don’t feel any of their policies are that generalizable to most other places

[ Parent | on HN ]