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Image by Alexas_Fotos from Pixabay
As
mentioned prior to the last elections, when there are career
politicians with majority of them being millionaires from just being a
lifelong politician, there will be a disconnect between those in power
and the real world, real economy and the real issues to be addressed.
Moreover, when the world is run by false and fake news, then there are
more chances for cronyism and nepotism. Considering that a politician
holding even the lowest of ranks tend to make two or three times the
salary compared to the median income for a particular country, a
politician just by holding the office is becoming 2 or 3 times more
financially equipped during those 4 or 5 year term. This fact implies
that their income stream just from official means, along with perks
should make them financially equipped for almost a decade or so. Think
about career politicians, who have been there for 30-40 years and how
powerful they could become just from holding those offices.
Here
is a simple data showing the net worth of congressmen before and after
the 2008 crisis. For that matter, there were reports that most of the
politicians in the congress were least impacted by the 2008 crisis, when
most of the world's net worth was crashing.
https://qz.com/1190595/the-typical-us-congress-member-is-12-times-richer-than-the-typical-american-household/
For
that reason, after thinking over, it makes even more sense for any
politician, especially those at the highest level not to be there for
more than one term. Prior to this article, right during last elections,
we had a survey about term limits, where we considered two terms for
politicians. However, after thinking over and seeing what has happened
around the globe over the last four years, even one term for a leader, especially at the highest level, appears to be sufficient to mess up
the lives of many. For example, a President holding an office for 4
years is playing on the lives of the citizens of that country for around
5-6% of their lifespan, if we consider the average life expectancy of
the world to be 70 years.
For
that reason, it is time for people to consider bringing a change where
no politician and famous celebrities who become politicians (especially
at the highest level) would be in power for more than one term. In this
way, even person who would hold a office should have another career path
for them to financially equip themselves for their lifespan. This kind
of change would also make these politicians realize that there will be
life after being a politician, which can impact them as well..
By
the way, as long as politics as it is now remains that way, it provides
various avenues through official and unofficial means to become rich.
By limiting the term to one term, it would give an avenue for more
people to become richer.
My 2 tulips thought ....
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