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#9096 - ponieslifegag **User deleted account**
0 123456789123345869
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#9255 to #9096 - thesageteffect
Reply 0 123456789123345869
(09/23/2012) [-]
I think the President's salary should be directly derived from the GDP or some other economic factor.

User avatar #9101 to #9096 - detrek
Reply 0 123456789123345869
(09/20/2012) [-]
Yep, that's right. Also, something I found funny that I heard awhile back was that Ron Paul said he'd lower the President's pay to the average US salary, which is somewhere around $45,000 I believe.
#9097 to #9096 - whereisnsfw
Reply +1 123456789123345869
(09/20/2012) [-]
Yes, since January 20, 2001 President of USA earns 400k a year. (+50k annual expense account, 100k nontaxable travel account and 19k for entertainment)

However, in reality, he is NOT making more then they used to. Why? Because $ is worth less now.

As you can see in the picture :
In 2001, 400k was equal to 487k in 2009.
But in 1909, 75k was equal to freaking 1,714k!

Credit to wikipedia
User avatar #9100 to #9097 - airguitar
Reply +2 123456789123345869
(09/20/2012) [-]
And credit the inflation on the Federal Reserve. Robbing this entire country (Including the president) since 1913.
#9103 to #9100 - largenintimidating
Reply -2 123456789123345869
(09/20/2012) [-]
I'm saddened to see that "End the Fed" seems to have gotten you so thoroughly airguitar.

User avatar #9105 to #9103 - airguitar
Reply +1 123456789123345869
(09/20/2012) [-]
I don't necessarily believe the Fed needs to be "ended" but there is no way of denying that inflation is a tax on all people who hold US currency. The fact that the Fed, a private bank, has the sole ability to slowly take the value of our dollars is disgusting to me. Why should I not view inflationary policy with angst?