The Campaign Spot

Book: Obamas Concerned About Own Personal Finances

From Jodi Kantor’s The Obamas, pages 90–91:

Even the president made uncomfortable jokes about why his wife needed so many things. Behind the scenes, aides said, the Obamas were concerned about money: the president’s books could only sell so many copies, and it would be years until he could write more and the first lady could write her own. From vacation rental homes big enough to accommodate the Secret Service to all the personal entertaining they did at the White House, their lifestyle had grown fearsomely expensive.

Lest someone claim the book is an anti-Obama smear job, Kantor began covering the Obamas for the New York Times in 2007 and based the book on multiple interviews with 33 different White House staffers.

Some further perspective:

President and Michelle Obama’s combined adjusted gross income in 2009: $5,505,409.

President and Michelle Obama’s combined income in 2010: $1,728,096.

President and Michelle Obama’s combined income in 2011: $789,674.

The Obamas’ combined adjusted gross income for 2008, their last year before moving into the White House, was $2,656,902.

Most Popular

Culture

Responsibility and Blame

David L. Bahnsen has written a book on themes dear to my heart. It’s called “Crisis of Responsibility: Our Cultural Addiction to Blame and How You Can Cure It.” I have done a Q&A with the author, here. Thinking about his book, I remembered a few things — and shared them with David in our podcast. ... Read More
Culture

Monday Links

The Guy Who Makes the World’s Best Paper Airplanes. The Theater That Shakespeare Stole. The Invention of the Baby Carrot Phrases commonly used today which are derived from obsolete technologies. This device was used to resuscitate canaries in coal mines. The Surprisingly Complex Design of the ... Read More
World

Richard Pipes, Historian of Totalitarianism

‘My subject is the Russian Revolution, arguably the most important event of the twentieth century. It is my considered judgment that, had it not been for the Russian Revolution, there would very likely have been no National Socialism; probably no Second World War and no decolonization; and certainly no Cold ... Read More
Culture

School Shootings and the Incentives of Violence

Today’s Morning Jolt discusses school shootings and the common difficulties of the teenage years, and I thought of another aspect that I forgot to include -- the degree to which our society, in its reaction to violence, inadvertently rewards that violence. Every teenager wants attention, to be recognized, to ... Read More
NR Marketing

Down the Home Stretch

Our Spring 2018 Webathon winds up this week. El jefe, Mr. Lowry, makes the case, wonderfully, for your participating, even at this final stage. In case you need some visual inspiration, we’ll use this horse race image from the novel Ben Hur (you'll remember the 1959 movie version starred the late NR ... Read More