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I read about this concept in a book a while ago and thought that it was an interesting idea and I'd like to know what you think of it.
One of the biggest problems in this country is our politicians. They're corrupt. If they are not corrupt when they first enter into politics they eventually become corrupt. So here's an idea that might make them less corruptible. When a politician is elected take ALL of their cash, ALL of their assets, liquidate it and put it into the stock market. They get free food, housing, necessities etc etc during their term of office. This will tie how well the country does directly to them. If the country does well, they do well by the time they leave office. If they do poorly then they're essentially broke when they get out of office. And since they don't know whether or not they will be re-elected or not they can't just pick and choose when to leave office.
This will imo force politicians to start thinking about long term effects of policies. Right now they look at the short term as that short term is easier to manipulate than long term ideas. The only times that a politician should be looking at the short term is for emergencies. Rest of the time they should be looking at long term goals. This will also attract people that actually want to do good for the country instead of people like Hillary and Trump who are just looking to make more money and grab more power for themselves.
Note: I am not interested in the logistics of how to accomplish this at this time. I'm just looking at the basics of this idea for the moment.
One of the biggest problems in this country is our politicians. They're corrupt. If they are not corrupt when they first enter into politics they eventually become corrupt. So here's an idea that might make them less corruptible. When a politician is elected take ALL of their cash, ALL of their assets, liquidate it and put it into the stock market. They get free food, housing, necessities etc etc during their term of office. This will tie how well the country does directly to them. If the country does well, they do well by the time they leave office. If they do poorly then they're essentially broke when they get out of office. And since they don't know whether or not they will be re-elected or not they can't just pick and choose when to leave office.
This will imo force politicians to start thinking about long term effects of policies. Right now they look at the short term as that short term is easier to manipulate than long term ideas. The only times that a politician should be looking at the short term is for emergencies. Rest of the time they should be looking at long term goals. This will also attract people that actually want to do good for the country instead of people like Hillary and Trump who are just looking to make more money and grab more power for themselves.
Note: I am not interested in the logistics of how to accomplish this at this time. I'm just looking at the basics of this idea for the moment.