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"The level of corruption in the House of Sa'ud is staggering. While they impose strict Wahhabi law on their subjects, with public beatings for alcohol consumption and amputations for thievery, the thousands of princes have siphoned off billions of dollars from the public treasury, wining and dining all over Europe and America, building lavish palaces and gambling away their stipends. A minor scandal ensued in Washington when some of the Saudi entourage's slaves tried to escape from a hotel suite by jumping out of windows. Meanwhile the standard of living for ordinary Saudi citizens has fallen dramatically over the past two decades, while annual budget deficits are soaring from the family's high living and the extraordinary level of military spending."
Thousands of princed spending away, and standard of living for the middle class joe going down.
Saudi has one of the highest unemployment rates in the Middle East. They have over five million expats in Saudi and about 5 million unemployed Saudis. But don't get the wrong idea, only a few thousand expats have a really good job making lots of money. The vast majority or expats from third world countries doing things that the Saudis consider "below" them. They will starve before they will do menial labor.
Reminds me of that great P J O'Rourke quote; from 1st Gulf War:
"The heaviest thing you will ever see a Saudi lifting is money..."
I came across that googling after reading your post. Don't know if it's true. I found it highly disturbing.
If I ever have kids I'm adhereing to the Hulk Hogan school of parenting. (Sidenote: he tossed some punkass pop star boy band member out of his house for being disrespectful to him. Didn't see it but the image is damn funny.)