The US president’s job is considered one of the most demanding in the world, as it involves the administration of a superpower, but this does not seem to be reflected in the salary he receives. Unlike other jobs, such as the highest paid CEOs who earn 24 million a year, the US president receives 400,000 dollars a year. In fact, the wage has suffered a huge cut compared to half a century ago. The LAD BIBLE writes that in 1969 the president received $200,000 a year, which today equates to $1.66 million. But in 2001, Congress set the presidential allowance at $400,000, arguing that it is a position of responsibility and not a way to get rich. Besides, the president enjoys a number of benefits that give breath to his personal wealth. In particular, he lives in the White House for free and generally pays nothing in terms of living expenses. He also travels and eats for free, both himself and his family members. In addition, it receives […]
Source: News Beast
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