The media myth about the cost of Obama's inauguration
by Eric Boehlert

In part...
"Did you hear that "some are saying" Barack Obama's inauguration will cost "$160 million," which is $100 million more than George W. Bush's last swearing-in? That's the tale the crew at Fox & Friends was telling on January 15. "Why does the thing have to cost so much?" demanded co-host Gretchen Carlson. "I don't get it. George Bush spent $42.3 million and that was just four years ago." She wondered why Obama needed "another $100 million" for his celebration.

The Fox News crew wasn't alone. The Internet and cable news were filled with chatter about the jaw-dropping (and unsubstantiated) number suddenly attached to Obama's swearing-in. But the sloppy reporting and online gossip about the price tag illustrated what happens when journalists don't do their job and online partisans take advantage of that kind of work.

It also highlighted the type of news you can generate when making blatantly false comparisons. In this case, it was the cost of the Obama and Bush inaugurations. The connection was unfair because the Obama figure of $160 million that got repeated in the press included security costs associated with the massive event. But the Bush tab of $42 million left out those enormous costs. Talk about stacking the deck."

And...
"For instance, here's The Washington Post from January 20, 2005, addressing the Bush bash:

The $40 million does not include the cost of a web of security, including everything from 7,000 troops to volunteer police officers from far away, to some of the most sophisticated detection and protection equipment.

For decades, that represented the norm in terms of calculating inauguration costs: Federal dollars spent on security were not part of the commonly referred-to cost. (The cost of Obama's inauguration, minus the security costs? Approximately $45 million.) What's happening this year: The cost of the Obama inauguration and the cost of the security are being combined by some in order to come up with the much larger tab. Then, that number is being compared with the cost of the Bush inauguration in 2005, minus the money spent on security.

In other words, it's the unsubstantiated Obama cost of $160 million (inauguration + security) compared with the Bush cost of 42 million (inauguration, excluding security). Those are two completely different calculations being compared side-by-side, by Fox & Friends, among others, to support the phony claim that Obama's inauguration is $100 million more expensive than Bush's."

And...
"However, buried in a recent New York Times article published one week before the controversy erupted over the cost of Obama's inauguration, the newspaper reported that in 2005, "the federal government and the District of Columbia spent a combined $115.5 million, most of it for security, the swearing-in ceremony, cleanup and for a holiday for federal workers".

You read that correctly. The federal government spent $115 million dollars for the 2005 inauguration. Keep in mind, that $115 million price tag was separate from the money Bush backers bundled to put on the inauguration festivities. For that, they raised $42 million. So the bottom line for Bush's 2005 inauguration, including the cost of security? That's right, $157 million.

Unless the Obama inauguration tab (including security) ends up costing $630 million, we can safely say it certainly won't cost four times what the Bush bash did in 2005. And unless the Obama inauguration tab (including security) runs to $257 million, we can safely say the event won't cost $100 million more than Bush's, as Fox & Friends claimed."

Read the whole article yourself...Media Matters - The media myth about the cost of Obama's inauguration

Can I ask this without offending?

How many articles did you read regarding the amount of donations versus the amount the taxpayers (i.e. the federal government) are spending? I've posted a couple of different articles with statistics here, but none of them really concur with each other. And donations are still coming in.

These figures won't be truly accurate for at least a couple weeks or so. I'll reserve my final judgment when I see the solid figures.