What can you buy for $1.4 billion a year? You can buy the most luxurious and costly royal presidency in history.
Taxpayers spent $1.4 billion dollars on everything from staffing, housing, flying and entertaining President Obama and his family last year, according to the author of a new book on taxpayer-funded presidential perks.
In comparison, British taxpayers spent just $57.8 million on the royal family. $1.4 billion spent on the Obama family last year is the total cost of the presidency, factoring the cost of the biggest staff in history at the highest wages ever, a 50 percent increase in the numbers of appointed czars and an Air Force One running with the frequency of a scheduled airline.
Perspective: $1.4 billion is equal to spending seven times Mitt Romney's entire net-worth every year. If Romney had to pay for Barack and Michelle's lifestyle this year, he would have been bankrupted by the third week in February.
Now, can we please get back to talking about the evil, freeloading rich people, who didn't build anything and who need to "pay a little bit more, not like 16.8% by our live it up President.
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