Napkin Notes: American Voter Non-Binding Resolution on Congressional Compensation

The annual blizzard of annual shareholder voting and meeting announcements have been arriving.  Tucked within the annual Board of Director recommendations for electing or re-electing people I do not know to act on my behalf, is an increasing popular referendum: a non-binding shareholder vote on executive compensation.  The actual influence the vote will have I believe is as yet indeterminate.  What intrigues me is Congress approves its own pay each year.  Maybe the American people should formally have a non-binding opinion on congressional compensation each general election.

Today Congressional approval by the American public stands at 19% and above the all-time low of 9% in late 2013.

http://www.gallup.com/poll/1600/congress-public.aspx

While pay may not be the primary motivating factor for politicians, a non-binding resolution in general elections in conjunction with individual and congressional approval ratings by an independent third-party may help with informed management our representatives.

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