The president is the head of state in the country. He is also paid a salary like any other common man. People do like to know how much a president makes. Hence, I have compiled this short post based on stats collected from various sources.
An analysis of the money made by the president since the beginning
Currently, the salary of the president is $ 400 k . It all began in 1789 & salary has been raised 5 times since then.
According to the data that we have got, here is a table of salary in a given year in the history.
Year ≅ Salary
1789 ≅ $ 25k
1873 ≅ $ 50k
1909 ≅ $ 75 k
1949 ≅ $ 100k
1969 ≅ $ 200k
2001 ≅ $ 400k
The 44 presidents that the country has seen since 1789 didn’t receive the pension & other security concerns even after retirement. This changed in 1958 & each former president receives the same salary as a current member of the Presidential Cabinet.
What are your thoughts over the salary of the president ? Leave comments on this article & share this with friends as this can be a really interesting article for them.