President Mitch Daniels Opts for Merit Pay

That could have been the headline in an alternate universe where outgoing Indiana Gov. Mitch Daniels sought and won the Republican presidential nomination.

Instead, the "motorcycle-riding, Reason-subscribingObamaCare-trashing,Postrel-and-Hayek-reading governor" with a tumultuous love life is bringing a private sector sensibility to his new gig as the president of Purdue University.

The Wall Street Journal explains:

Under the terms of the contract, Mr. Daniels will earn base pay of $420,000. That's near the $421,000 average for presidents of public universities, according to a Chronicle of Higher Education analysis, and down from the $555,000 earned by Purdue's previous president. Mr. Daniels could then make up to 30% in bonuses tied to hard outcome metrics like graduation rates, student affordability, faculty hiring and achievement, and philanthropic support. Even if Mr. Daniels met 100% of his targets, he'd still rank 10th in compensation among the Big Ten presidents.

Daniels left Indiana with a $500 million budget surplus and $2 billion in reserves, so (since we're already in a alternate universe) why not take a minute to indulge in a scenario where POTUS—or better yet, congressional—pay was tied to stuff like passing balanced budgets, keeping campaign promises, and/or transparency. 

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  • mr simple||

    How could congress feel the pains of the people if they were constantly having to get things like a budget done? That's madness, KMW.

  • JEP||

    Boiler Up!

  • Tman||

    As much as I love the idea of merit pay for Senators, I'd be happy if they would just stop giving themselves raises.

    There is nothing more annoying to me than when senators vote to give themselves a pay raise.

  • DEATFBIRSECIA||

  • ||

    The only way that incident makes any sense is if the cops were there to steal the painkillers for themselves.

  • Jubal Harshaw||

    ...secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated...

    I feel violated 2500 miles away.

  • BakedPenguin||

    Wow, that's sickening.

  • Drake||

    "Daniels left Indiana with a $500 million budget surplus and $2 billion in reserves"

    I know that the Indiana legislature directly and the voters indirectly helped to make that happen, but WOW. He could have ridden that sentence to the nomination.

  • Randian||

    But...but...Mourdock! War on Vaginas!

  • ||

    why not take a minute to indulge in a scenario where POTUS—or better yet, congressional—pay was tied to stuff like passing balanced budgets, keeping campaign promises, and/or transparency.

    In my scenario, they're all drawn and quartered. I'm indulging them by not insisting on tar and feathers first.

  • Fist of Etiquette||

    I'd hate to see the president or Congress forced to spend their time fudging the stats.

  • Ryan60657||

    "he'd still rank 10th in compensation among the Big Ten presidents."

    10th out of Ten? Nope. 10th out of 12. Or does this include Rutgers and Maryland, in which case it would be 10th out of 14.

  • DJK||

    Yea. And the conference champion had what...5 losses this year? And got killed in the Rose Bowl. Seriously. Fuck the Big Ten.

  • The Late P Brooks||

    why not take a minute to indulge in a scenario where POTUS—or better yet, congressional—pay was tied to stuff like passing balanced budgets, keeping campaign promises, and/or transparency.

    That's funny.

  • gad-fly||

    Before we get all "boilered up" about Our Man Mitch, a little background would be good. Mitch is at Purdue because they need a fund raiser and Mitch will be paid for his fund raising talent. I just cannot feel sorry for a non-academic who is getting a base of $420K for doing what some people do for nothing.

    For example, a story about the high salaries of university Presidents highlighted the salary of G. David Pollack who received over $2.3 million from tiny Birmingham-Southern College. As it turns out, the salary included a golden parachute, which he earned by misunderstanding how government scholarships work, thus shortening revenues for the college. The college announced his replacement last March:

    Gen. Charles “Chuck” C. Krulak, retired commandant of the U.S. Marine Corps and former member of the Joint Chiefs of Staff, was introduced today as the 13th president of Birmingham-Southern College. He immediately announced that he will forego his first year’s salary to demonstrate his allegiance to the college and its fiscal health.

    Salute!

  • waaminn||

    Dude seems to know whats going on over there. Wow.

    www.BigAnon.tk

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