How Much Should Our President's Salary and Pension Be
Barack Obama is almost one year into his "retirement" and has stayed relatively quiet and out of the press similar to what George W. Bush did when he left office. Our Presidents make a salary of $400,000 per year and are enjoying a pension of $200,000 plus full benefits. Is that a fair deal?
President Trump is a unique example as he is a billionaire and is not keeping his salary. He donates it to a different cause every quarter. But President Obama did not come into office with deep pockets, and although he has a big book deal, along with his wife that can net them over $65 Million, I don't think that the current salary and pension amounts are enough.
I am a small government, fiscal conservative, but assuming that a President is either already rich or will become rich after their term is up, isn't right in my opinion. We consider the President of the United States the most powerful person in the world. The decisions they will make will not only affect us, but will have enormous affects that stretch the globe. CEO's of major companies make tens of millions. The Commisioner Roger Goodell of the NFL made $40 Million last year. The NBA Minimum Salary is $543,471 per year. But the President is only worth $400,000 per year?
Yes this picture of retired Presidents are doing fine financially. The Clintons sold everything they could as they were leaving the White House. But I have a hard time thinking that a wrestler in the WWE is more important than the POTUS. The millennials pound their fist demanding fair pay for fair work. Well, what is the President worth? If Taco Bell drive through window operators deserve $15/hr, how does that translate to the most powerful person in the world? I would love to hear your thoughts. Thank you for following me @thepoliticalpost
He should be forced to burn every penny of that 65 mil before receiving pension at all :)
Lol
I think that the POTUS’s pension should be based on performance metrics. Just like athletes’ incentives, a contract should be in place.They usually get, pretty much anything they want when they are in office, Air Force One, the White House, etc. If they do well for the people, our tax dollars should be used to as a reward. If hey don’t do well, our tax dollars should go towards other causes than lining the pockets of a person whose job was poorly done.
I am all for that! But is it just a fiscal base? Would Bill Clinton have been penalized for being impeached but with a good economy?
That all depends on what his “contract” incentives were. What were his primary responsibilities? Politicians state many things the will enforce so why not hold them accountable. Money talks, and if someone isn’t going to get paid if they don’t do their job, they will probably be more prone to push for what they promise, or at least what they are required to accomplish for per their contract.
A President needs to focus his mind on other things besides himself. In order to be a President you should have to already be rich. So the President's salary should be 0.
When I run for President in 2020 and win, you don't think I deserve a salary? Nada? Zip? Ziltch? I would have to hire you as the Crypto Czar!