Lawmakers in Tallahassee continue to get richer
TALLAHASSEE In the wake of the Great Recession, which left the average Florida family struggling to make ends meet, at least one group of people continues to get richer: It pays to be elected to the state House or Senate.
Of the 160 lawmakers elected to the state Legislature, 114 have increased their own personal wealth while in office, a Herald/Times analysis of officials financial statements found.
On average, lawmakers net worth has more than doubled from the year of their first campaign through 2014. Their incomes have generally risen, too, by 63 percent on average. For some legislators, years spent in elected office have accompanied multi-million-dollar increases to their net worth.
Its a stark contrast to the reality most Floridians face.
The average workers pay is higher now than in 2010, but it still falls short of the paychecks Floridians brought home before the 2007 downturn, when adjusted for inflation. Many who saw their home values plummet and 401(k)s shredded have never recovered.
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