booja@booja.ca to Canada@lemmy.ca · 7 months agoOn April 1, Canadian MPs will earn world's second-highest salary for elected officialsnationalpost.comexternal-linkmessage-square47fedilinkarrow-up190arrow-down14
arrow-up186arrow-down1external-linkOn April 1, Canadian MPs will earn world's second-highest salary for elected officialsnationalpost.combooja@booja.ca to Canada@lemmy.ca · 7 months agomessage-square47fedilink
minus-squaresbv@sh.itjust.workslinkfedilinkEnglisharrow-up14·7 months agoI’ve always thought MPs salaries should be indexed to the median income in their riding, or maybe their province. Maybe the country. I dunno. Like 2x median or something. Yeah. It’s gameable, but I feel like any weird-ass push to increase MP salaries would have the happy side-effect of giving poor people money. Maybe average would be a better incentive? I dunno. I don’t want an Irving moving in to the riding to double the MP’s pay.
minus-squareNouveau_Burnswick@lemmy.worldlinkfedilinkarrow-up3·edit-27 months agoMedian rather than average. Or double the average of the lowest 25% of earners.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkarrow-up1·7 months agoI think you mean median. Mean is the total sum divided by number of data points and is usually what is meant by “average”. Median is whichever one is right in the middle. Mean is significantly higher for incomes because of a few high-earners.
minus-squareNouveau_Burnswick@lemmy.worldlinkfedilinkarrow-up2·7 months agoYou are correct. Seems I made a mode-al error.
I’ve always thought MPs salaries should be indexed to the median income in their riding, or maybe their province. Maybe the country. I dunno.
Like 2x median or something.
Yeah. It’s gameable, but I feel like any weird-ass push to increase MP salaries would have the happy side-effect of giving poor people money.
Maybe average would be a better incentive? I dunno. I don’t want an Irving moving in to the riding to double the MP’s pay.
Median rather than average.
Or double the average of the lowest 25% of earners.
I think you mean median. Mean is the total sum divided by number of data points and is usually what is meant by “average”. Median is whichever one is right in the middle. Mean is significantly higher for incomes because of a few high-earners.
You are correct. Seems I made a mode-al error.
Zing!