07-09-2023, 06:05 PM
(07-09-2023, 01:36 PM)Luvnit2 Wrote: Jealousy is showing. By the way, Biden is rich, not sure how since he has been in public service his whole life and his wife is a teacher who hasn't worked for 5 years. Hunter Biden is rich and all he has done is benefit and possibly bribe foreign countries. Do you hate them also? Is Hunter daddy-rich too?
I am not one to say that folks in government aren't doing shady things, but Biden has been in the government for a long, long time. Senators and House reps make fantastic money. When Biden became a senator in 1973, he made $42,500 - equivalent to $297k in today's money. That purchasing power declined over the years, but Biden has probably cashed in an average career salary of $200k for the last 50 years. Couple that with smart investments and savings and it is completely feasible that someone could have accumulated wealth like that.
Now, does that mean I am saying he has never done anything shady? No, of course not. They very well could have, but he has also made top-notch money for long enough that it isn't surprising that he is wealthy. All Senators and House reps today make a salary of $174k.