White House Salaries Jump

White House salaries and hiring increased in 2012, according to an annual report released Friday by the White House.

The "Annual Report to Congress on White House Staff" reveals that White House staff salaries jumped from $37.1 million in 2011 to $37.8 million in 2012, with the total number of White House workers increasing from 454 in 2011 to 468 in 2012.

Topping the list at an annual salary of $172,000 were 20 individuals, including: Obama Chief of Staff Jack Lew, Press Secretary Jay Carney, Senior Advisors David Plouffe, and Valerie Jarrett.  

According to the U.S. Census, per capita annual income is $27,334.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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