The Kenyan Clown certainly is free-handed with our tax dollars!
The CIA lists the population of Gaza as 1,604,238, and the population for the West Bank as 2,514,845 (assuming that we aren't double-counting here; the CIA's website unfortunately isn't as clear about "who is counted where" as I would like.) That means that we are going to be sending $400 million to roughly 4 million people, or just about $100 per head.
Considering that the average income is maybe around $1,500 (the CIA doesn't list average income, just a "GDP per capita (PPP)" of $2,900 with an apparent PPP conversion factor about 2, so take this with a huge grain of salt, my guess is that average income is actually under $1,000), so this is roughly giving each person there another 6%-10% of their annual income.
Of course, none of this money will actually go to any ordinary folks; the prevalent corruption will make certain that it all goes into a few pockets.
If I have a chance I’ll look it up, but I believe household income in the West Bank is in the area of $1,600, maybe higher given the expansion the last year or so. Gaza, around $900. Both numbers significantly lower in real, not adjusted, terms since the Oslo process began.
Should have also mentioned that the numbers are hard to come by and highly questionable from the perspective of decision making since such a high percentage, over 50% in Gaza, comes from aid. BHO may have just created an on paper “boom” in Gaza, which means nothing to anyone other than those handling the wire transfers.