Symposium 2015: Should members of the Congress be allowed to gain financially from their positions? What should we do about this, if anything?

Cartwright-No, politicians should not be allowed to profit from public service, but the reality is that they do.  The statistics on the wealth in the Congress is staggering.  The median net worth is over $1 million.  You have people in the Congress worth $400-$500 million dollars, and you have only a handful who are of very modest net worth.  The reality is that the Congress is full of a bunch of high net worth individuals making decisions that benefit themselves more than anyone.  They’re out of touch with every day Americans, and they can’t relate to every day Americans from their ivory towers in the insulated world of Washington, D.C. Continue reading