Has no one ever noticed how poorly the leadership of our democracies are treated?
It's understood in the commercial sector that you have to pay (both on benefits, quality of work/life balance, pay, etc.) to attract and retain the best and brightest talent.
How can we all take that very important lesson and completely throw it away when considering the leadership of an entire nation?
I'm not sure I'd take Pres. Obama or Rep. Boehner's jobs for a million bucks, so how are we supposed to get the "best of the best" leading the country, when they're off leading the Fortune 500?
EDIT: People, there are reasons I mentioned things other than actual cash compensation when I referred to pay and benefits. You can almost literally watch the President of the United States age in front of your very eyes nowadays.... so I'm not saying the job of public service doesn't pay enough, I'm saying the job is so stressful that it's not possible to pay enough, as money quickly loses its motivational appeal once you make enough to live comfortably.
What you wrote is so misguided that I got up from bed and turned on the computer just to reply it (I was reading HN on mobile).
Brazil (where I am from) has one of the biggest politician salaries of the world, also politicians here get many secondary ways to get money, for example our last president, Lula, when he became president he owned a single apartment and two more or less nice cars (Chevrolet Omega).
When he left the presidency he owned 53 apartments. And noone could prove that was from stolen money...
Our congress also can vote on its own salary, and they frequently do, a recent scandal was when they refused to increase the police salary and then increased their own by 70%, later smaller chambers from around the country went into more outrageous mode (one city for example, gave their lawmakers a 100% salary increase, while reducing the salary of teachers and medics to compensate the budget).
No, giving politicians money, won't make them less self-serving, if anything it gives a very clear incentive to self-serving people end there.
I am very sure if there was ways to ensure political power could not translate so directly to money, people would abuse it less.
"Has no one ever noticed how poorly the leadership of our democracies are treated?"
No, I haven't noticed this (because it's not true). What I do notice are many stories about politicians abusing their positions, almost systematically [1,2]. I see no reason why a higher rate of pay would curb such behaviour (it's not like they're broke in the first place). I don't see why leaders of the commercial sector should be considered the "best of the best" either (think back to banking and other corporate scandals of the last decade).
In addition, the gap between CEO pay and 'normal' people has been the subject of debate before. When you realise that some of these folks sit on each-other's compensation committees it's easy to see how such arrangements can be abused -- and conveniently justified in hindsight as 'necessary' to "attract and retain the best of best".
I think you're almost onto something here, but I think the problem is not compensation or benefits. It's that the President has too much power.
And if I may quote Spider Man, with great power comes great responsibility. The constitution wasn't written under the assumption that the federal government would ever be as large as it is. It isn't set up for it. So the President is in charge of too much and is consequently spread too thin for any one person to handle.
Here's the problem: The number of officers of the federal executive branch who are elected: One. Just One.
Compare that to anything else. In any given state you'll elect the governor, but you'll also elect the mayor of each city and possibly the sheriff, etc. I want to vote for the head of the FBI. I want to vote for the head of the IRS. Stop putting it all at the feet of the President.
I never thought of this, but this is a brilliant observation. From the presidency, we get issuances forth like Carmen Ortiz, heads of FEMA like Mike Brown, etc. The possibility of cronyism writ large, with decades of consequence. This has to change.
Is there any chance that the people would ever vote for the multitude of these positions? There's probably (I'm not a US citizen) hundreds of federal bureaus. The people can't even bother to vote in the current federal elections.
Also, would the people even know better? Who even knows what the director of the FBI really does, what is the concrete executive power that he or she wields?
>>> Has no one ever noticed how poorly the leadership of our democracies are treated?
While in office, US Presidents live like royalty. None of the Fortune 500 CEO cohort live like the President, especially if you throw in perks like the reverence with which presidents are treated anywhere in the world they may go.
After office they can look forward to a remainder of their lives earning tens of millions on the speaking circuit.
To that I would say the members of congress are exempt from insider trading laws (why?), and it turns out that many members of congress make the majority of the wealth from stock trades after they join congress. (now, that might be hear-say. I read this somewhere, and I have no good way to verify this).
In response to your edit: I don't think many (if any) politicians are in it for the money. It's either the genuine belief that they can improve things or just a straight-up hunger for influence and power.
In light of your edit, I have no idea what point you're trying to get across. Being President is so stressful ... so what? Anyone who could become President is likely well past the "living comfortably" stage so there's obviously something else that drives them. Same goes for any of the Fortune 500 CEOs you refer to (none of them need the money).
It's understood in the commercial sector that you have to pay (both on benefits, quality of work/life balance, pay, etc.) to attract and retain the best and brightest talent.
How can we all take that very important lesson and completely throw it away when considering the leadership of an entire nation?
I'm not sure I'd take Pres. Obama or Rep. Boehner's jobs for a million bucks, so how are we supposed to get the "best of the best" leading the country, when they're off leading the Fortune 500?
EDIT: People, there are reasons I mentioned things other than actual cash compensation when I referred to pay and benefits. You can almost literally watch the President of the United States age in front of your very eyes nowadays.... so I'm not saying the job of public service doesn't pay enough, I'm saying the job is so stressful that it's not possible to pay enough, as money quickly loses its motivational appeal once you make enough to live comfortably.