Would that be a median salary of their state or the country?
"Real median household income was $74,580 in 2022..." FYI 'Real' in this context means after adjustment for inflation. Senators and House Representatives are given a $174,000 salary. The percentage difference between $174,000 and $74,580 is approximately 133.4%. In other words, $174,000 is about 133.4% higher than $74,580.
Ultimately, it would be Congress to determine (since they hold the "country's purse strings,") how much salary they are paid. The US president has the final say if it passes or doesn't.
Absolutely, but they should be beholden to the same rules as those impressed by banks to those who work in the financial sector. They should have to provide intent in advance of the buy or sell by 30 days, get approval from an ethics comittee before they make the exchange, and have steep penalties if they do not follow this. Only step I'd add is this event should be publicly available, but that would make it much harder to implement.
It's not rocket science to make a working system for this, they just don't want a working system.
Nah, since even pre announced ownership still gives them an incentive to enact policies that favor that stock.
And with bills taking months to advance, 30 days isn't that much of a buffer.
Outlaw owning or trading individual stocks for politicians. They can put their noncompliant assets into a blind trust, and still own and trade in funds under the rules you specified.
Index funds, yes of course. Individual stocks, absolutely not. They have way too much power and control and too little oversight to not abuse their positions of authority.
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It’s a problem for US manufacturing. Not everything needs to be built in another country and then put on a boat. You also don’t know if your kettle has been built by Uyghur slave labor.
Seems strange though to worry about a kettle when half the things in your house are made in China. Laptop, iPhone, clothes, curtain rails, toys... sure there are also lots of these not made in China, but I'd take a guess a substantial proportion of them in a substantial proportion of homes are made in China. At least a kettle isn't spying on you (yet), isn't made of cotton (often particular associations with Uyghurs), isn't educational material, food, or medical product. I suppose it could have a lead element, or asbestos in the handle, but that seems unlikely.
I rarely use all four elements on my stove at the same time so 99% of the time the kettle is sitting on an unused element instead of taking up counter space like an electric kettle would.
I'm a tea drinker and have been looking for a good pot that's easy to clean for ages. I have hard water, which leaves a lot of residue behind. And I would like to avoid chinese manufacturing. Currently I just boil water in a small sauce pot on the stove, which doesn't have the ability to stop heating at certain temps needed for certain loose leaf teas.
I have hard water as well and like this one: https://a.co/d/7C7OYlR which I've used for last 10 months so far; fairly easy to clean the bottom where residue tries to build up
Am using a Philips kettle for over a decade and have no plans is stopping. Of course that means nobody will ever buy another so the model is not available anymore. I would still suggest, though.
Hard water is easy enough to deal with. Just use a Britta filter, I live in London and our water is very hard. I've only had to descale my kettle once in the last 4 years since I bought it, which was a mystery until I realized my girlfriend was making tea using tap water.
My kettle is just a 0-100 kind, so in order to do 80-85C for my morning coffee, I use my meat thermometer with the alarm set on 76C. By the time I flick the kettle off and the energy finishes dissipating into the water, it'll be ~82C. YMMV
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