These people don’t need pensions
Richard Cohen’s June 2 op-ed column, “Postpresidency for sale,” showed why presidential pensions should be abolished. Aside from the fact that no person deserves a pension for doing a job for only four or eight years, it is not needed. Former presidents have plenty of earning power. Paying $200,000 per year to a person who can make that much in one speech makes no sense.
There was a time when some former presidents struggled financially, but in modern times, with former presidents getting enormous fees for their memoirs and speeches, that no longer happens.
Lawrence Ink, Beltsville