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“Struggling” to Get By on $20K per Month

Remember when Michelle Obama whined these words?

“The salaries don’t keep up with the cost of paying off [student loan] debt, so you’re in your 40s, still paying off your debt at a time when you have to save for your kids,” she says.

“Barack and I were in that position,” she continues. “The only reason we’re not in that position is that Barack wrote two best-selling books. It was like Jack and his magic beans. But up until a few years ago, we were struggling to figure out how we would save for our kids.”

Well, today Barack Obama released his tax returns from 2000-2006, and it’s obvious that the Obama’s really were struggling:

  • $240,505 in 2000
  • $272,759 in 2001
  • $259,394 in 2002
  • $238,327 in 2003
  • $207,647 in 2004
  • $1,655,106 in 2005
  • $983,826 in 2006

Up until “just a few years ago”, the poor Obama’s were only pulling in a quarter of a million dollars per year. That’s just a little more than $20K per month.

How the fuck did they do it? Obama thinks he can handle the Federal budget? The fucker can’t even manage a family of 4 on $20K per month.

How fucking petty and entitled does Michelle Obama sound now?

_____

UPDATE — Ha. A commenter at Rachel Lucas’s blog quips, “By the way–I call all of this posturing by Michelle Obama the Obama Mama Drama.”

Posted by Robbie Cooper on Tuesday, March 25th, 2008 | Trackback |

3 Responses to ““Struggling” to Get By on $20K per Month”

Just think if they would have had to pay market value for their home and property, they would be living in a hovel.
Perhaps she has an Imelda Marcos shoe fetish, as well.
/feh!!

Left by no2liberals on March 26th, 2008 at 4:09 am

I believe I heard that she made about 100k which got bumped up to 300k after her husband was elected to the US Senate and he makes 200k. The rest was from speaking engagements and the books. I’d like to know what student loans they had. I can’t believe two very bright black kids from middle/upper middle class homes didn’t get scholarships.

Left by Anonymous on March 26th, 2008 at 6:31 am

Close —

  • In 2004, just before Michelle Obama’s husband was elected to the Senate, her salary at University of Chicago Hospitals was $121,910.
  • After Barack is elected to the Senate, the next year, Michelle’s salary gets bumped to $316,962 in 2005.
  • The following year, Sen. Obama requests a $1 million dollar earmark for — you guessed it — the University of Chicago Hospital.

I turn 40 this year. And I don’t know a single person in my large group of friends that is still “struggling” to pay off their student loan debts.

In fact, almost all of us have already paid them all off. Even my lawyer, MD, and PhD friends.

I’m more than a little concerned with the Obamas’ money management skills.

Left by Robbie Cooper on March 26th, 2008 at 8:24 am

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