News

The Obama Private Jet upsets Corporate America

Corporate America is being judged for breeding greed amidst a time when most people have very little to live with.

“But they aren’t alone in living this lavish lifestyle,” writes Scott Mayerowitz from the ABC News Business Unit. He continues, “The president of United States gets all these perks and more.”

President Obama has exclusive use to two private jets (Boeing 747s), which are better known as Air Force One. Apart from that, the President is entitled to numerous incentives—constant security details, drivers, a chef, etc.

And corporate America is not taking this sitting down. “Some accountability needs to be put in place. We won’t have them kicking sand in the face of taxpayers any longer,” mentioned one Wall Street gossip blog.   

While the President makes just $400,000 a month, Corporate America pointed out that he gets many incentives and he doesn’t pay taxes for them.

Ed Rogers, former deputy assistant to the president and executive assistant to the Bush Administration, quickly rebutted Corporate. Rogers explained that there’s a big difference between being a CEO and being the American President.

“The presidency is a full-time job in the 24-hour sense. He must function and be able to function as president all the time,” Rogers commented. “The chairman of any corporation in America can kick back for a weekend and the potential downside is not that severe. The notion of the president being out of pocket would be appealing to our enemies and dangerous to our republic.” 

Rogers confirmed that being a president does entitle you to a lot of perks. “It’s a good job in that regard,” he said. “Unfortunately it does come with a lot of stress and responsibility that diminish the opportunity to enjoy the fact that hey, I’ve got this nice big airplane.”