Tie congressional pay to inflation as a way to stop insane overspending
Fox News
Government overspending can be stopped by tying congressional pay to inflation. Under this plan, congressman would have their pay cut if they hurt taxpayers.
Shay Hawkins served as lead policy adviser to South Carolina Republican Sen. Tim Scott. A native Ohioan, Shay also served as a tax fellow to Ohio Republican Rep. Jim Renacci where he was part of a team of tax attorneys that led the development of a comprehensive tax reform plan.
I am a man of modest intellect who has been blessed with an outstanding education. As a part of that education, I learned the law of supply and demand. If the demand for a good is higher than the supply of that good the price will rise. Democrats borrowed money and gave it to consumers who weren’t working (producing) and so demand for goods grew faster than production of goods. At the same time, Democrats implemented policies that intentionally limited the supply of oil and gas when the demand for oil and gas was as high as it’s ever been. High demand across an economy with low supply across an economy leads to higher prices.