Nobody said the multiple has to be 5. It could be whatever the current ratio for Singapore is.
Nobody said the multiple has to be 5. It could be whatever the current ratio for Singapore is.
> 2. only rich people will run in the election.
Which is not true unless you think AOC is rich. It's not unheard of that congresspeople sleep in their office i.e. are homeless because DC rent is high.
https://www.npr.org/2022/12/09/1141635119/the-first-gen-z-me...
any source for this? your link just mentions a representative who has bad credit, it never claims he is homeless.
> Dozens of members of Congress have even turned their Capitol Hill offices into their makeshift apartments.
https://nypost.com/2018/05/01/these-politicians-are-sleeping...
Of course, sometimes they're just weird and like it. Mitt Romney lives in a small apartment and only watches TV for fun and he's a multimillionaire.
Corrupt elected officials is more of the norm, than the anomaly world-wide.
Though, legislators don't have individual power to take action to be worth giving specific bribes to; what may happen is that if someone is friendly to your business, you want to keep them motivated to keep re-running for Congress and do the awful annoying job of being a legislator, when they could instead quit and go back to industry or retire on the beach or whatever.