Friday, February 13, 2009
Carl Perrin is hopping mad. First of all, he finds out that he is not going to be named U. S. Senator for New Hampshire. Judd Gregg withdrew his nomination, stating that as a conservative Republican, he couldn’t go along with President Obama’s Democratic plans. Which makes one wonder if Obama wasn’t taking bipartisanship a little too far in considering Gregg for a cabinet position.
Of course there is still that job of Commerce Secretary to fill, and unlike many of Obama’s cabinet nominees, Perrin doesn’t have any unpaid income taxes, as far as he knows. Someone did let him borrow a car recently while his was in the shop, but we don’t think there’s any income tax liability there.
Despite his clean record on taxes, Perrin is realistic enough to recognize that with his academic background, he is probably not a good fit in the Commerce Department. However, he was hoping to get a high-level executive job at a bank or some other financial institution that has been helped with the economic bailout. But now he finds out that, even if he can land such a job, the Obama administration will limit his salary to a half a million dollars a year.
That’s outrageous! How can anyone live on $500,000 a year? The first thing Perrin would have done with his new salary would have been to trade in his 13-year-old Honda for a Mercedes. That would have taken a big chunk out of his salary. Then there are taxes and all that other nickel and dime stuff. Before you know it, all he would have left to live on would be about a third of a million. It’s hardly enough to bother with.