Over three-fourths of Americans think there should be a maximum age limit for elected officials, according to a CBS News/YouGov survey.
Over three-fourths of Americans think there should be a maximum age limit for elected officials, according to a CBS News/YouGov survey.
I’m not sure age is the problem. It’s greed and corruption.
I would also require anyone RUNNING for an elected office to divest themselves completely of all investments and business ties. Everyone running would get the same campaign funding and that is all they are allowed to use. For anyone elected, base pay would be significantly increased. This would naturally allow more younger candidates to both run and be elected, since you don’t have to be a corrupt, wealthy, ancient subhuman to fund a campaign.
I’m with you on the term limits, too.
As far as divesting, would you be okay with not necessarily liquidating but moving investments into a 3rd party holder?
Basically like "okay this is what you had in an investment fund, now a third party (for sake of argument fidelity) takes over the fund and now fidelity advisers manage it in its entirety until the person is no longer a representative.
The question really being, what kind of divesting do you want? Because straight liquidation could still negatively impact younger candidates, given that the liquidation would remove potential legitimate interest from their portfolio. Meaning that them running could negatively impact their future.
Yeah straight liquidation would be really bad. It should absolutely be a blind trust.
Term limits and an inability to invest would just make it a completely unwanted job for anyone without some significant fallback plan.
Blind trusts exist