Why don't we pay politicians more? Governor of California makes $173k/yr to lead a team of 800k (like Amazon), which generates revenue of $140b/yr (like Google). If we want top talent, shouldn't the CEO of CA get paid something comparable to the CEOs of these businesses?
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But let's say CA's CEO role paid $100k base + 0.1% of gross revenue, wouldn't that be enough to entice some amazing business operators to enter the race?
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You could pay them a billion a year and it wouldn't change the fact that there's no profit motive and that they exist to rent-seek off of productive people.
Also, they seem to manage to make themselves ultra-wealthy shortly after leaving office.
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If revenue is not the KPI to measure a governor's success by, what is? Who defines these KPIs and who is tracking them? Where can I find them?
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They get a lot my guy... corporate sponsors. 😂 oil, pharma, they are getting loaded by those guys. Guess that’s why they are working for those type more than for the general public...
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yeah.. so, because we can't stomach paying up front, we resign to paying 100x more for corruption and misaligned incentives?
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If you just gave him the money up front, he wouldn't have to steal it and instead could be focused on doing right by everybody.
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