Pity the Poor Politician

In 1955, the President of the United States enjoyed a base salary of $100,000.  Today he is paid $400,000.  We have experienced annual inflation averaging 3.98% between then and now.  Strictly speaking, Ike made more than W, who would need a salary of $791,000 today for parity with 1955 dollars.

The Veep in 1955 was Nixon and he got $35,000, or $276,850 in today's money.   Today, Dick Cheney is paid $221,100. 

Executive compensation ain't what it used to be in the public sector.  Good thing they are all millionaires.