President Barack Obama’s inauguration next week is set to be the most expensive ever, predicted to reach over $150m. This dwarfs the $42.3m spent on George Bush’s inauguration in 2005 and the $33m spent on Bill Clinton’s in 1993.
Mayor Adrian Fenty agreed that costs for increased security and crowd control would dwarf the original allocation. And for a city facing a budget shortfall and the same economic downturn affecting the rest of the country, now is not the time to rack up debt, Fenty told CNN.
Contrast that with coverage of President Bush’s last inauguration:
President Bush’s second inauguration will cost tens of millions of dollars — $40 million alone in private donations for the balls, parade and other invitation-only parties. With that kind of money, what could you buy?
■ 200 armored Humvees with the best armor for troops in Iraq.
■ Vaccinations and preventive health care for 22 million children in regions devastated by the tsunami.
■ A down payment on the nation’s deficit, which hit a record-breaking $412 billion last year….
The questions have come from Bush supporters and opponents: Do we need to spend this money on what seems so extravagant?
New York Rep. Anthony Weiner, a Democrat, suggested inaugural parties should be scaled back, citing as a precedent Roosevelt’s inauguration during World War II.
“President Roosevelt held his 1945 inaugural at the White House, making a short speech and serving guests cold chicken salad and plain pound cake,” according to a letter from Weiner and Rep. Jim McDermott, D-Wash. “During World War I, President Wilson did not have any parties at his 1917 inaugural, saying that such festivities would be undignified.”…
Barack Obama’s big shindig will cost more than three times as much money. Perhaps it’s time that President-elect Obama be held accountable for something?
-600 to 700 more armored Hummvees
-Vaccinations for 70+ MILLION CHILDREN
-1/100th of the Democrats’ Congress’ deficit