If You Thought Our Shower Were Overpaid....

I couldn't believe it the other day when I read that the Prime Minister here gets about €1.5 million a year! That's right, an unbelievable 5 times as much as Biffo (who is one of the highest paid leaders in the West) and 6 times more than the shoe dodger in the White House!

After further research, I believe that Singapore tops the world league for politician's pay. I feel my civic duty welling up inside me!!! Ministers earn a little less, but I must say that it seems very excessive indeed. Mind you, they seem to do a good job, but by God, they'd want to!

The interesting thing about it though, is that a portion (25%) of their salary is linked to the GDP of the country. So, if they make a hash of things or, as now, there's a global recession, their salary goes down. By the same token, if they do things well, their salary increases. Can you imagine those incompetent fools in Leinster House going for a scheme like that? Me neither!

Overall, it's probably a great idea. With well paid politicians, the chance of corruption is much lower and they have a strong personal incentive to not make a mess of things!