Obama wants a bigger retirement
He wants more money after he leave office.😂
"When middle class Americans are barely scraping by, leave it to Obama to put a raise for himself in the budget. Congress must just say no."
One of the comments
Obama wants a bigger retirement
He wants more money after he leave office.😂
"When middle class Americans are barely scraping by, leave it to Obama to put a raise for himself in the budget. Congress must just say no."
One of the comments
Well hey it makes sense right? After all look at all the expenses Obama has to pay for out of his own pocket. Like I'm sure the rent of the White House isn't cheap, right? Plus keeping the lights on in that place. It's gotta be tough for him, probably crazy electric bills he has to pay. Then you have to factor in the money he spends on groceries. Oh and the bills he pays for the cars that drive him around. Oh and the bills he pays for when he uses air force one and other things. Is jet fuel cheap man? No it's not cheap.
So many bills a president has to pay out of his own pocket, I mean they only get like half a million bucks a year. Wait I think 400k, and obviously a good chunk of that must go to maintaining the White House. I mean the lawn doesn't mow itself, so Obama has to pay for a grounds keeper or some shit too.
Then the money he has to pay out of pocket for security guards as well..it's crazy NOT to give them bigger retirements.
Originally posted by Time-Immemorial
He wants more money after he leave office.😂"When middle class Americans are barely scraping by, leave it to Obama to put a raise for himself in the budget. Congress must just say no."
One of the comments
He currently gets $400,000 a year.
So he doubled our debt.
Divided our country.
Reset Race Relations to the 1950s
Lost two wars
Responsible for the Rise of ISIS and the genocide that is currently happening
Let Russia invade the Crimea and the Ukraine
Stood idly by why Christian women got sold into slavery.
alienated our allies
allowed our nation to be further invaded by illegal aliens.
Screwed over everyones healthcare plans.
Now he wants a pay increase for his retirement?
Originally posted by Time-Immemorial
He does not pay the white house bills, we do.And he wants this pay raise after he leaves the office, so he wants us to pay him more for doing nothing after his term is over, this makes sense how?
Ohhh damn. Well it looks like someone should be given more money...us.
"The President’s FY2017 budget request seeks $3,865,000 in appropriations for expenditures for former Presidents, an increase of $588,000 (17.9%) from the FY2016 appropriation level. The increase in requested appropriations for FY2017 anticipates President Barack Obama’s transition from incumbent to former President,” the report reads.
Wait, doesn't this increased benefit mean that Bush Sr., Bush Jr., Jimmy Carter, Bill Clinton and all of their spouses also get increased retirement benefits, as well as any successive presidents? Obama's not just padding himself. According to the article the appropriation of $588k for 2017 would be split between all 5 living presidents, not just Obama.
The Bush family is old money, and the Clinton's have parlayed their political influence into a multi million dollar estate. They're exceptions, though, not the rule. Jimmy Carter got into diplomacy and charitable efforts after his tenure. He didn't go about creating a fortune. I think his current net worth is only like $3-5M, and that's from writing several books and his pension benefit.
Originally posted by MF DELPH
Wait, doesn't this increased benefit mean that Bush Sr., Bush Jr., Jimmy Carter, Bill Clinton and all of their spouses also get increased retirement benefits, as well as any successive presidents? Obama's not just padding himself. According to the article the appropriation of $588k for 2017 would be split between all 5 living presidents, not just Obama.
You are correct. After all even Obama isn't dumb enough to propose a "just give me specifically more money" type of deal. This way he can use it as an excuse because hey it's not like he'd be the only one benefiting.
I guess we need to ask do the Bushes and Clintons and Carters need even more money?
EDIT: So you just said Carters net worth is 3-5 million. Okay, doesn't compare to the Clintons or Bushes, but it's not chump change either. Why do they need more? Also Carter is 91 frickin years old. I mean..you said he's worth millions and he is 91. His wife is 88. Surely these two people can live on 3-5 million bucks for..however long they have left.
So while Obama wouldn't be the only one getting more money..he'd pretty much be the only one truly profiting off of it to me. I like Jimmy, but the man looks like the next stiff breeze that hits him might kill him. Do we really need to give any of these people more money? Especially when the money I'm guessing comes from us the tax payers. Now if a bunch of wealthy rich d-bags want to donate money to the presidential retirement fund I say...okay, have at it.
Originally posted by MF DELPH
Pensions get passed on to families after their death (a situation my family is dealing with now). Survivor Benefits. It means that the families of former presidents, spouses and children, also receive the pension.
But why should the families get money they didn't earn? Why should they in turn get even more money? So we're not only paying for them, but for their kids..and the children of their kids?
It's like winning the lottery without ever having bought a ticket. I could see money going to the spouse, but that is it. Why should anyone else beyond that..be taken care of by the american people?
Pensions are based on the earnings of the employee. In this case, the POTUS. The family of the POTUS inherits the POTUS's retirement benefits upon his/her death (Survivor Benefits). It's the same thing for Police, Firemen, etc (surviving spouse inherits benefit upon death, and then it's passed to children, with certain requirements). It's the difference between a Pension and a 401k or an IRA.
*edit
My Dad was a building inspector and drafter for a construction company. His pension worked in the same manner, as does my Mother's pension from Kaiser Permanente.
What I'm asking is why the children of the president deserve extra money for doing nothing. If Jimmy Carter is worth 5 million, why shouldn't he just leave that money to his kids?
It comes off like they want more money so their already comfortable lives can get even more comfortable.
Cops don't tend to earn 400 k a year and get assloads of free shit.
If they want extra money show us that these people are destitute and can't afford a pot to piss in. If Obama can show us that then okay.
Originally posted by Surtur
What I'm asking is why the children of the president deserve extra money for doing nothing. If Jimmy Carter is worth 5 million, why shouldn't he just leave that money to his kids?It comes off like they want more money so their already comfortable lives can get even more comfortable.
Cops don't tend to earn 400 k a year and get assloads of free shit.
The children inherit the benefit of their parent which their parent earned for their service. It's simply an inheritance. And while being an officer might be a bit more grueling on a day to day basis as far as being a beat cop or homicide detective in the line of fire, being the Commander in Chief comes with it's consequences as well. You make decisions that could mean the lives, or livelihoods, of millions to billions of people.
Okay, but then you haven't explained why they should get even MORE money then they already do. Are they not given enough to live comfortably on?
We need an actual valid reason to give these people more money. If they are already given enough to live comfortably..would you agree they shouldn't get another penny?
Cost of living increases and inflation. These benefits have been increased periodically for the last 40+ years. The reason it's newsworthy is because Obama is the one doing it, and this is an election year. He's not the first President to increase the benefit percentage. It's the same reason why Senators and Representatives also vote for pension as well as salary increases and make appropriations for that as well.