Saw this article on Fox News Lawmakers Seek to Tie Exec Pay to Performance. The obvious thought on this is, good idea.
In fact it is so good, let's not stop with the board room. Let's apply it to state and federal governments. Let all Congressmen, state legislators, Governors and the President work by a similar pay scale.
If the country is staying safe from harm, if they have the budget balanced, if Social Security is staying funded so we can retire, if people are working, then they get paid accordingly.
If they have the country in a mess, if we are not protected, if we have people poring across our southern border like it's a Best Buy sale the day after Thanksgiving, if unemployment is in the high single digits, if the stock market is in the low 4 digits, then they get minimum wage.
I would even be willing to pay a very good salary to them. Set a benchmark for performance and if they exceed this they get bonuses.
If the members of Congress are not willing to apply the same standard to themselves, the office of the President, state legislators, and Governors, than they need to mind their own business and stop wasting our time with gimmicky legislation.
What are your thoughts?