Alarming News

March 21, 2009

Average DC income: $46,949 President’s income: $400,000

Maybe he should go to North Dakota or Iowa or Arkansas where people would be thrilled to make $400,000 a year.

Obama was asked about grumbling from Wall Street because the administration criticized bonuses for executives at financial institutions collecting government bailouts.

“They need to spend a little time outside of New York. Because. . . . if you go to North Dakota, or you go to Iowa, or you go to Arkansas, where folks would be thrilled to be making $75,000 a year — without a bonus — then I think they’d get a sense of why people are frustrated.”

Posted by Karol at 10:37 PM | Comments (31)
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