Should we consider the wealth of our recent presidents - both before and after their term in office?
The listed income for a sitting president today is:
a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.
The most recent raise in salary was approved by Congress and President Bill Clinton in 1999 and went into effect in 2001 so let us look at Clinton and the other presidents up to President Trump. We cannot consider him since he has not completed even one term yet.
Are you ready?Obama's Started with 1.3 million dollars and left with 40 million dollars. (go figure that one)
Clinton's Started with 480,000 thousand dollars and left with 100 million dollars. (Now those two made a bundle)
Summary: Trump is reported to start off at 4.5 Billion. He is expected to lose over a billion before he leaves office
Why do you think the liberals keep saying that Trump's the bad guy who is trying to steal your money. ?
President Obama wasn't wealthy when he left the White House, but he got rich by making those $250,000 speeches like President Reagan.
Chocura750 wrote:
President Obama wasn't wealthy when he left the White House, but he got rich by making those $250,000 speeches like President Reagan.
And the Clintons were flat broke when they left office, Right!!!
I am constantly amazed at the lack of thought, knowledge and plain old fashioned common-sense, some of our dim-witted posters like Chocura750 actually share with us; which I assume, they think we will swallow hook, line and sinker.
Perhaps it is because they did?
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