We seem to be doing everything in threes today. Earlier we looked at three questions Iain Duncan Smith should be asked when he appears before the Work and Pensions Committee of MPs later today, and now we’re going to look at three arguments that are being trotted out as justification for the pay rise it is recommended MPs receive later this week. Oh, and we’re going to tell you why those arguments are wrong.
1) Paying MPs a lot of money attracts the best people to serve the country
Does it? Or does it attract the greediest people? Surely paying MPs too much could also mean more people looking to enter politics for reasons of self-interest. On the other hand, if someone is willing to take a pay cut in order to represent their consituents then they’re probably exactly the sort of person we want as an MP.
MPs should certainly be paid well – which they already are; their salary is three times that of the average worker – but why should they be paid exorbitantly? Bankers get paid exorbitantly – does banking as a profession necessarily attract the most virtuous people? Read More