Mike Johnson on Congressmen Trading Stocks
Any government job is workfare crossed with lavish expense accounts. Who is responsible for the extravagant spending that has led to a 31% reduction in the dollar since 2009? The concept of term limits in the Constitution was rejected because the founding fathers erroneously thought that it would not be necessary since it was such a financial hardship to be a civil servant. The low pay, being away from your family and having to pay for lodging in the nation’s capital precluded the average man from “serving”.
The consequences have given us congressmen who represent their lobbyists instead of their constituents. They barely work part-time, rubber stump unread legislation written by their handlers and become rich on insider trading. This is the “quality” of legislators that we have today. Their yearly salary of $174,000 does not include benefits like healthcare or retirement. This also does not include their expense accounts. Per Grok:
The average amount a U.S. House congressman receives for expenses in 2025, based on the MRA (Members’ Representational Allowance), is approximately $1.85 million per year. For Senators, the average is higher, around $4.75 million, but the query likely focuses on House members given the term “congressman.” These figures cover staff, office operations, travel, and other official duties, adjusted for inflation from historical data. Actual 2025 amounts may vary based on congressional appropriations and individual district factors.
Just like any thief, they stab you in the back as they steal your money. Are you feeling the pain yet?
David DeGerolamo
Source: https://ncrenegade.com/mike-johnson-on-congressmen-trading-stocks/
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