The pay of Presidents (from my email)

 [[{“value”:”Adjusting for inflation, President Biden is one of the lowest-paid Presidents in American history. See the first and last figures in this analysis from 2012. This source’s figures are all in 2012 dollars, and there’s been 39% cumulative inflation since then, while the President’s nominal salary has stayed fixed at $400,000/year (nominal). So Bill Clinton’s average
The post The pay of Presidents (from my email) appeared first on Marginal REVOLUTION.”}]] 

Adjusting for inflation, President Biden is one of the lowest-paid Presidents in American history. See the first and last figures in this analysis from 2012.

This source’s figures are all in 2012 dollars, and there’s been 39% cumulative inflation since then, while the President’s nominal salary has stayed fixed at $400,000/year (nominal). So Bill Clinton’s average real salary over his presidency – the lowest real historical pay as of the time of this source’s analysis – would be worth $403,100 today, just barely edging out Biden’s current salary of $400,000. (But Clinton’s average real salary was probably lower than Biden’s average salary over the course of Biden’s presidency. There have been a few years when the President’s real annual salary was below its current level, including during most of Clinton’s presidency.)

The last time the President’s real salary dropped down below its current level, Congress voted to double it.

That is from TP.

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 Political Science, Uncategorized