Comment 27889

By A Smith (anonymous) | Posted December 13, 2008 at 12:38:21

Jason, in the future, the people who will decide what government they need, will be the ones who pay the bills. Just like in the real world, where people show up to work, produce things that have value and get paid for doing so, the future of government will be pay for performance.

As it stands today, politicians get paid a flat rate, irrespective of the value they produce. By shifting to a performance based model, government officials will have a strong financial incentive to deliver a higher standard of living to their paying clients.

As an example, Jean Chretien would likely have earned millions of dollars for leading Canada through one of its best economic performances in recent history. Conversely, people like Bob Rae, who failed miserably in creating value for anyone, would have lost his position in about a year.

By switching to this market based approach to governing, society will harness the power of flexibility and incentives to maximize the value they receive from government.

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