[quote]At least 268 of the 534 politicians in the Senate and House of Representatives had a net worth of $1m (£606,821) or more in 2012.
Democrats were slightly wealthier than Republicans, found the data from the Center for Responsive Politics (CRP) at OpenSecrets.org.
It comes as politicians debate national jobless benefits and the minimum wage.
There's been no change in our appetite to elect affluent politicians to represent our concerns in Washington”
Sheila Krumholz
Director of the Center for Responsive Politics
The median net worth for Washington politicians came in at $1m, according to data.
Democrats registered a median wealth of $1.04m while Republicans had $1m.
Senators ranked higher than members of the House in median wealth, with $2.7m versus $896,000 in the lower chamber.
The wealthiest member of Congress was Republican Congressman Darrell Issa. The Californian reported a net worth of up to $598m, earned largely through sales of a car antitheft system.
The poorest member of Congress was also a California Republican, Congressman David Valadao. He listed debts upwards of $12m, largely stemming from loans on a family dairy farm.
As Congress suffers under some of its lowest approval ratings in history, "there's been no change in our appetite to elect affluent politicians to represent our concerns in Washington", CRP director Sheila Krumholz told the Agence France-Presse news agency.
Also necessary is wealth "to run financially viable campaigns", she added.[/quote]
What do you think?
Personally, these people are only in office to simply expand that wealth. It's laughable to think these elected officials do care about the well-being of the people. I may add that there's nothing wrong with being rich but passing legislation simply to make a quick buck isn't the thing to do.
It's also amusing how the U.S as one of the biggest tax codes but at the same time there's so many loopholes. Why? Because these people allow it to happen. The people NEED to learn about these politicians and ask "Will they truly represent my interests? Or will there interests be with the lobbyists?"
English
#Offtopic
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3 AntwortenHistorically, aren't government officials of any nation usually rich?