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.”
