At a press conference today, Treasury Secy Richard Geitner announced that there has been another setback in the acquisition of a dog by the Obama family.
Leading economists released figures today showing that the average cost of raising a dog from puppyhood through senescence is approximately 1.2 million dollars.
"Big Ticket" items in the dog world include lots of wee wee pads, doggie kindergarten, a personal trainer, camp, high quality chow that does not contain any peanut meal, biscuits, a pooper scooper service, garments and an endless supply of dog toys, which can be quite elaborate. Also not to be underestimated is the rising cost of canine health care and required shots, wormers and flea and tick products, and the cost of hospice care for the terminal dog.
While the President himself was reportedly shocked at the actual total cost, once he did the math, he admitted that the family, in these tough economic times, would need to "study this a bit more, before committing to such an expenditure."