Tuesday, January 27, 2009

Presidential Salaries

I was reading an article on Presidential salaries, and according to the New York Times, Pres. Barack Obama is entittled to a salary of $400,000 a year. While, George Washington's salary when he became President in 1789 was only $25,000. I'm sure back then it was a lot of money compared to nowadays. Also, according to the same paper, the presidential salary has only increase five time since George Washington was president, so the increases have always been generous. For example, George W. Bush made twice as much as Bill Clinton.

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