political pay

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Pay and pensions are always no-win minefields for politicians but here’s the problem when anyone thinks about that issue in isolation: it misses the massive price tag that exists for the entire public sector, of which political compensation, transition allowances and retirement benefits are only one component.

Politicians are part of a much larger public sector and the debate should always focus on this: what governments should or should not do (and from which the size of the public sector then flows); what is affordable for taxpayers; and private and public sector comparisons.