How Inflation Got Away From Washington Screw-Ups
11th June 2022
Being a government hack has its advantages. You get eleven paid holidays per year. You get promoted for poor performance. The benefits are superb. Best of all, you can get remarkably rich…even if you’re a screw up.
President Joe Biden, for example, has worked for the federal government for nearly 50 years. His net worth is about $9 million.
Yet Biden and his wife Jill really made the big bucks between 2017 and 2020, when Biden was out of office. Together, they hauled in $17.3 million in book deals and speaking fees. These are some of the fringe benefits of having been a government bigwig.