Posted by Mark in 
We are pretty sure the former President George W. Bush won’t be requiring a job anytime soon although he was asked to work as a greeter at a Hardware Store. However, the former officials of the Bush administration are getting hit hard by the tough economy and falling job market. According to a report published by Wall Street Journal only 25-30% of those officials looking for full time jobs have succeeded so far.
Although the unemployment rate for the Bush officials is high, one thing that needs to be noted is that they are pulling in big bucks in other ways. $25,000 – $50,000 is a pretty decent income for a middle class family in US but some former Bush officials are collecting what we would otherwise make in a year by one time lecture on Global Business and other issues. So in other words, the economy isn’t really hurting them. They are having a hard time finding full time jobs but are finding one time work that almost pays full time. Lucky bunch!
Here are a few of the Bush officials that have been able to get back into the full time employment mode. Some of these officials were re-hired by their previous employers and were re-instated into the job they had before working for the Bush Administration.
- Henry Paulson (Former Treasury Secretary) : Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies)
- Condoleezza Rice (Former Secretary of State) : Political Science Professor at Stanford University
- J. Michael McConnell (Former Director of National Intelligence) : Senior Vice President of Booz Allen Hamilton
Although some of these ex-officials have been able to score full time employment, the unemployment rate for the former Bush officials at 70% is quite staggering. The fact they had worked under George W. Bush’s administration most probably doesn’t help either when it comes to getting employed.
We mentioned above that some of these officials haven’t been employed full time but are getting full time payments through speaking events and such. Since they are charging $25,000-$50,000 per speaking event and it is not considered a full time job, we wonder if they will be filing unemployment as well. If they do, the ex- Bush administration will haunt us even after the Presidency has been long gone.
Share your thoughts.
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