Why I Don't Trust Barack Obama's Math
At a press conference today, 15 July 2011, the President said he was, "turning 50 in a week, so I'm starting to think a little bit more about Medicare eligibility." You may want to reschedule that party, Barry. You birthday isn't July 22nd, it's August 4th. He also said, "Yeah, I'm going to get my AARP card soon, and the discounts." Yeah, like he needs them. As president, he earns $400,000 year, with a pension valued at $197,000. Last year, he and the First Lady reported their adjusted gross income as $1,728,096. They paid $453,770 in taxes, and donated $245,075 to charity. That still left them with 1.2 million dollars to scrimp by on. Filing status married, joint return, two dependent children. If you leave out the dog, that 1.2 million breaks out to be $257,312.75 per person in his household. And, if he portioned out that 257K as a weekly allowance to each of his girls, that would be $4,948.32 a week. Did I mention that he gets $500,000 per y...