How Much Does The President Make?
Mitt Romney lost to Barack Obama in this year’s presidential election. It might end up being a blessing in disguise. Romney isn’t accustomed to living off a “dismal” presidential salary compared to celebrity/sports star income. In 2010, Romney raked in more than $21.6 million dollaz.
I found a calculator that shows how long it would take you to earn Romney’s salary based on your annual income. According to the system’s calculations, Romney makes my yearly salary in 20 hours, 13 minutes and 13 seconds. If I were to live out the rest of my days without a raise, it would take me 433 years, 2 months, 21 days, 23 hours, 28 minutes and 7 seconds to make what Mitt made in 2010.
With an income like that, how would he have survived off a mere $400,000/year? Believe it or not, that’s all POTUS makes. There are some perks involved, though. Ya get to live in the White House, you get to ball out on Airforce One, you get an annual expense account, a travel account and an entertainment stipend. With benefits included, the president technically pulls in around $550,000 each year.
Additional income can be accumulated from speaking engagements (Clinton earns $250,000 per speech), book deals, etc., so the leaders of our nation are far from being poor. Yearly pensions are also given once presidents leave office. George W., for example, gets a yearly pension worth $180,000 for life.