General Discussion
In reply to the discussion: Why is President Obama pushing so hard for the Trans-Pacific Partnership Pact? [View all]graham4anything
(11,464 posts)anyone in the private sector makes more than the public sector, so the stat obviously is true
However, after leaving the Presidency, Barack Obama most likely will be nominated by President Clinton, and confirmed US Supreme Court Justice,
therefore will remain in the public sector forever.
(And Michelle will also be in a public sector job for years to come)
Eisenhower made millions after leaving office, when money was worth less, and so did Truman.
Of course, FDR was a billionaire before he became President
And even non-presidents become millionaires, like Ron Paul and Ralph Nader( and others who ran 3rd party like Ross Perot is one of the richest people ever), and one can name tens of thousands of other examples.
Let alone political singers like say Roger Waters who is mega rich, or the Eagles who charge $1000 a ticket to see them)