An interesting part of the report

Reader comment on: Federal Pay Is Higher

Submitted by Lyle (United States), Jan 30, 2012 23:26

It is the low skilled folks who are most overpaid, as education goes up the overpaying decreases, till with masters and professional degrees the folks are underpaid. (This is most clearly shown by looking at the pay of federal judges versus a partner at a major law firm). Also true of physicians etc. Even a lifetime job has limits of how much money you will give up to take it. Politicians of course have built a nice system for themselves where when the retire they can become a lobbyist. Make it a five year ban on being a lobbyist or taking positions like Chris Dodd did for the Movie Industry. Make them go back to the profession they had before entering politics. (If a lawyer they can always hang out a shingle or join the public defenders office)


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