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NEWS >POLITICS > MOST MEMBERS OF CONGRESS DOING JUST FINE FINANCIALLY
MOST MEMBERS OF CONGRESS DOING JUST FINE FINANCIALLY
November 20 2011
Washington, D.C. – Much has been made in recent months about the gap between the rich and the poor in the United States. The 1 vs. 99 percent debate has become a potent political and social for many on both sides of the equation, with no real agreement one way or the other as to which side is wrong, if any side is, in terms of how money is allocated.
The gap between the rich and poor has always existed and, truthfully, even the people on the very bottom of the scale in modern society are really nowhere near the bottom that once existed, that even existed a half century ago. There is more wealth, spread pretty liberally, across the United States than in any other country in history, but still the debate goes on, a debate as old as money itself.
No matter the validity of the argument against the 99-percenters, the truth is that much of the wealth in the world is controlled by a small number of people who, often, are unwilling to share resulting in a lot of people suffering tremendously. Luckily most members of Congress are not amongst those individuals, with at least half of them standing as millionaires, making them more than ready to take on the debate full steam ahead.
“Few Americans enjoy the same financial cushion maintained by most members of Congress -- or the same access to market-altering information that could yield personal financial gains,” said Sheila Krumholz, director of the Center for Responsive 
Politics which conducted the poll of members of Congress. “The vast majority of members of Congress are quite comfortable, financially, while many of their own constituents suffer from economic hardships.”
The remaining members, the non-millionaires, are generally still early in their careers or well on their way towards long-term financial stability.
The wealthiest member of Congress is Darrel Issa, a Republican from California with $448 million under his belt.
“This is really great news for the people who are represented here. So often people in countries all over the world are faced with representation that simply doesn’t make very much money, which in turn makes them bitter, angry, and very susceptible to manipulation. Luckily here in the United States that just isn’t the case and lawmakers are free to do their jobs rather than worrying about mortgage payments,” said Scrape TV Political analyst Gabriel Kinsey. “The people also don’t have to worry that one of their elected representatives would, say, go and try to find another job to kind of bridge the gap. So often in other countries you see elected representatives working at supermarkets or Home Depot, but not in the U.S.”
Much of that wealth does come from secondary employment, though often in an oversight position rather than 9-5 type of situation.
“It really has to be reassuring to so many people that their representatives have so much money that all they need to worry about is taking care of their people. That is a privilege that so few people have in this world,” continued Kinsey. “It’s really a tribute to the American system that such a thing can happen, that so many people are so well-represented the way they are.”
Issa is currently working on his third term, showing that his people feel well-represented.
Edward Bastil, Political Correspondent
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