Top one percenter Obama couldn't afford to let Michelle quit her $316k job because he only made $162k

Why doesn't President Obama tattoo 'I am in the 1%' on his forehead? In other news, a community affairs director at a Chicago hospital made $316,962 a year? No wonder Obama thought he needed to reform the healthcare system. Sadly, he cut money for seniors' Medicare instead of overpaid community affairs directors salaries.

(CNSNews.com) – Speaking Friday at what the administration called “The White House Forum on Women and the Economy,” President Barack Obama said that after his two daughters were born, he and his wife—both Harvard Law School graduates—could not afford the “luxury” of having her stay home with the children.

In 2005, when Obama began serving in the U.S. Senate (and his daughters turned 4 and 7), he and his wife were earning a combined annual income of $479,062. Barack Obama was paid a salary of $162,100 by the U.S. taxpayers, and Michelle Obama was paid $316,962 to handle community affairs for the University of Chicago Medical Center.