Salaries of Govt. Officials and Standing with Minimum Wage Earners

Part I

Did you know that the Federal Govt. spends about $91,687,500.00 (that’s nearly $92 million, for those of us who don’t often see numbers bigger than 4 or 5 digits) a year on the salaries of 551 people?

Did you know that our president makes $400,000 a year? (sources: 1, 2) The average US salary in 2002 was $36,764 (ask.yahoo).

Let’s compare that to the Presidents and Prime Ministers of other nations (in US dollars):

  • Mexico: was $245,000 (new President’s salary not announced yet). Mexican minimum wage salary (couldn’t find annual average salaries): about $8/day, or $3,000 a year.
  • Canada: PM was $123,500 (USD) in 2004. Avg. Canadian salary: $40,000 (USD) (source).
  • I’m trying to get Japan’s numbers too.

Anyway, my numbers are not going to be exact because I’m taking info from places that seem reputable after really quick google searches. I’m not trying to be totally scientifically accurate. I just want to show the trends.

This means that our President officially makes 11 times what the average American makes. The Mexican president made much more: 81 times more than their minimum wage earners during a good year, granted my data is probably pretty off. The Canadian Prime Minister makes only 3 times that of the average Canadian.

The moral of this story? I don’t know. Maybe “I’m glad we’re not Mexico and I wish we were more like Canada” ?

Part II

Did you know that US Govt. salaries increase every year (in 2001, it increased by about $4,000) unless they vote to block it?

I didn’t either (2001 about.com article explaining how it happens).

Now, on the one hand, I understand that US congresspersons must maintain homes in more than one location, and they have all kinds of work-related and personal stresses that come with a job that literally doesn’t end at 5pm each day like our jobs do. However, i can’t help but wonder if it would be cheaper if the government paid for Washington-area homes for our representatives and gave a lower salary.

Lastly, did you know that Hillary Clinton proposed a bill to amend the Fair Labor Standards Act of 1938 to tie the national minimum wage increase to the percentage increase that congress receives every year? It’s called the Standing with Minimum Wage Earners Act of 2006 and I kind of like it. While it doesn’t address the fact that congress makes a ton of money each year, it would guarantee that next time congress fails to stop itself from getting a pay increase this year, we’ll get a minimum wage increase by the same percentage.

The pessimistic side of me wouldn’t be surprised if congress finally starts voting to stop their (and our) wage increase if this bill passes.

Anyway, this is just stuff I ran across and started to investigate for kicks. Really. I enjoy this kind of stuff.