Phillips’s Newsletter • 170 implied HN points • 08 Jan 25
- Presidents in the US have been increasingly cashing in on their positions over the last 50 years. It's become normal for them to make money after leaving office.
- Both major political parties have shared a troubling trend where past presidents and their families make large sums of money, often without clear expertise.
- Trump's approach amplifies and exaggerates a long-standing issue in politics, not something entirely new. It's about making an existing problem much more visible and lucrative.