NC Media Watch

A quest for reason and accuracy in letters to the editor, guest editorials and other issues of interest to the citizens of Western Nevada County.

Thursday, January 20, 2005

Inaugural price and history

We have seen a plithora of letters complaining about the cost of the Bush Inaugural celebration. The losers always complain, so let’s look at the facts. Read the full story from the Washington Times.
But a review of the cost for past inaugurations shows Mr. Bush's will cost less than President Clinton's second inauguration in 1997, which cost about $42 million. When the cost is adjusted for inflation, Mr. Clinton's second-term celebration exceeds Mr. Bush's by about 25 percent. According to the Consumer Price Index, $42 million in 1997 is the equivalent of $49.5 in 2004.

The significant majority of funding for this year's festivities, including nine officials balls, are from private donations and tickets for events held by the Presidential Inaugural Committee, a similar setup to fund raising Mr. Clinton used to underwrite his inauguration. Mr. Clinton had a record 12 balls in 1997.

A Jan. 20, 1997, story by USA Today estimated about $12.7 million of Mr. Clinton's inauguration was financed by U.S. taxpayers. Initial estimates indicate the District will foot about $17 million in security costs this year.
Security costs more when we are at war with terrorists. Let the loosers complain! But, do not let their complaining ruin your celebration of this historical event.

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