The Real Price Tag of Trump's Mar-a-Lago Trips Is Sobering to Small Businesses
The Real Price Tag of Trump's Mar-a-Lago Trips Is Sobering to Small Businesses · Entrepreneur

At first, residents of Palm Beach found it exciting, myself included. Love him or hate him, having the President of the United States in your hometown is electrifying. Between Air Force One, motorcades, secret service agents and all of the added fanfare, it’s not a sight you see every day. But if you ask residents, it’s starting to feel like a regular sight -- and an unwelcome one at that.

Trump’s trips to Mar-a-Lago Resort adding up.

According to a recent investigation by the Washington Post, President Trump’s first three trips to his Mar-a-Lago estate in Palm Beach have cost the federal treasury -- American taxpayers -- as much as $10 million within just the first month of his presidency. By the end of his term, that number could total hundreds of millions of dollars. By comparison, the Obama administration spent an estimated $97 million on travel-related expenses over eight years.

Related: Will You Thrive in the Trump Economy?

Part of the cost has to do with the need for security. Trump often chooses to do his business in very public places, such as dining with Japanese Prime Minister Shinzo Abe alongside other Mar-a-Lago members. Then there’s the cost of flying a plane from Washington D.C. to Florida, which is a bit more expensive than taking the short helicopter ride from the White House to Camp David.

On a related note, the city of New York pays roughly $500,000 per day securing Trump Tower, where First Lady Melania Trump and son Barron are currently living. The annual cost could end up being around $183 million for this alone.

The impact on local businesses and daily life.

While the cost of President Trump’s travels is certainly of interest, it’s also important to note just how disruptive these trips have been to the people and businesses of Palm Beach.

Whenever Air Force One flies into Palm Beach, the airport has to go into total lockdown mode. Experiencing a comprehensive shutdown for the president’s arrival can be neat at first, but when you consider that Trump has caused five total shutdowns since December, it’s easy to see why locals are getting a little frustrated.

Take Jorge Gonzalez, owner of SkyWords, as an example. His company operates four planes that tow advertising banners along the coastline in Palm Beach County. Considering that 97 percent of his business is done on weekends and holidays, the airport shutdowns are having a quantifiable impact. Gonzalez says he has another month, two at the most, left in peak season to turn a profit. "So every week that they drag their feet puts me closer and closer to closing my doors,” he said.