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Romney Touts Presidential Salary Plan That Was Literally A Saturday Night Live Skit
By Ian Millhiser posted from ThinkProgress Election on Jun 13, 2012 at 2:34 pm
Apparent Romney policy adviser Dana Carvey in 1992
In an interview with conservative radio host Neal Boortz, GOP presidential candidate Mitt Romney floated an unusual profit-making opportunity for himself if he becomes president paying himself a higher salary if he performs well in the White House. In Romneys words, I do believe in linking my incentives and my commitment to the accomplishment of specific goals . . . . I wish we had that happen throughout government where people recognized they are not going to get rewarded in substantial ways unless they are able to achieve the objectives that they were elected to carry out.
This is not a new proposal, however. It was actually proposed in 1992 by billionaire presidential candidate Ross Perot or at least by someone pretending to be Perot. In a 1992 Saturday Night Live skit, Perot impersonator Dana Carvey outlined something very similar to the Romney plan for presidential compensation:
Now, heres the deal. Heres what Im trying to tell you. 3% growth in our economy, $120 billion growth in our GNP I get a billion dollars. Now, think about it, thats a bargain! Youre up $119 billion. Im telling you, 2.99% growth, I dont see a penny, not one red cent. But dont feel sorry for me I got $3 billion. Im gonna be fine.
Now, this heres a business proposition. Now, see, 4% growth, you pay me $20 billion. The way I see it, youre ahead $140 billion, see? Now, this aint no golden parachute, this isnt the President GM giving himself a big bonus when the companys losing money sending jobs to Mexico. I get my money if and when you get yours.
Now, 5% growth, I get $50 billion. Everybodys happy, see?
More plus video:
http://thinkprogress.org/election/2012/06/13/498933/romney-touts-presidential-salary-plan-that-is-literally-a-saturday-night-live-skit/
drm604
(16,230 posts)He has no material needs that he can't fulfill. How much would the incentive pay have to be for it to be an incentive for someone as wealthy as Romney? The President currently makes $400,000.00. What added percentage could possibly be an incentive for Romney?
klook
(12,158 posts)Hell, he probably spends that much on solid-gold-toe socks every year.