How much do you spend on your summer vacation? American households usually spend about $1,200 per person on summer vacations, according to a recent American Express survey.
Presidents spend more on their vacations than you or I. They have to. Air Force One and security does cost more than loading the Honda and heading to the beach.
Here's how much some recent presidents spent our tax dollars on vacation.
Ronald Reagan spent most of his free time at his California ranch. Taxpayers covered the cost of approximately $8 million for presidential travel during Reagan's first six years in office, according to the Los Angeles Times. That amounts to $1.3 million a year.
For George Bush the cost of flying Air Force One to his Texas ranch was approximately $56,800 per trip, for each of the 180 trips according to Media Matters. President Bush spent Christmas during his two terms at the White House so his staff and secret service could spend the holiday with their family, according to Conservative Byte.
Now Obama plans to blow away all previous presidents' leisure travel costs on our dime with a better than Disney World extravaganza trip to Africa.
However Obama had to cancel the safari because of the need to fill the surrounding jungle with snipers to guard the president from wild animals!
The trip will cost upwards of $100 million, the highest cost for any presidential vacation since Bill Clinton spent $50 million for a single vacation and it wasn't to Arkansas.
The Obama vacation will require a hospital ship stationed near their resort in case anyone needs medical attention, 14 limousines, aircraft and an additional 56 support vehicles. The cost for protecting a president is enormous.
Even so $100 million is a lot of money and I wondered just how far it would go were it spent on disadvantaged children who in their lifetimes might never have taken a single vacation. It's a wonderful thing to take a vacation. I hope the Obama's enjoy theirs.
The cost to send an impoverished child to camp for a week is around a $100.00.
Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter
Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…