'We the taxpayers are paying the five living ex-presidents more than $200,000 a year in pensions for the rest of their lives, plus footing the bill for their office space... Why exactly do we do that?' writes nick_goldberg.
out of his post-presidency, holding $30,000-a-head fundraisers and pocketing the money, performing for arena crowds with Bill O’Reilly at $100 a ticket, selling $50 MAGA hats and $95 Mar-a-Lago Christmas ornaments at his Trump merchandise store? It’s just what you’d expect from a huckster billionaire who’s always on the make.Long before Trump showed up at the White House, the presidency had become a stepping stone to enormous, beyond-the-pale riches.
And for those without such advantages, there have been plenty of opportunities to cash in after the fact: Ulysses S. Grant wrote a bestselling memoir to raise money late in life. Gerald Ford was among the first to take fees for speeches after leaving office. Harry Truman, long admired for his ordinary-retired-dude-on-Medicare persona, is nowHey, everybody’s got to pay the bills!
But in recent years, it’s gotten out of hand. The post-presidential payoff has grown obscenely large.
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