I don't think politicians should be paid minimum wage necessarily, but rather an average of what their constituents earn. Those who represent us should be expected to represent us honestly and should live relatively like us and so work for what we want and need. I definitely do not think that the President needs to earn 300,000 per year for life and not have to pay for anything while in office or that Congress needs an automatic annual raise unless they specifically vote against it (how many people are going to do that?). A lot of people think we need budget cuts and I think this is a good place to start.