Few figures in American political history have been as reviled as President Harry S. Truman was when he left office in January 1953.
Roosevelt, and numerous labor strikes, along with frightening political events such as the Soviet Union’s successful test of an atomic bomb, the Communist revolution in China, and the stalemate of the Korean War all combined to send Truman’s popularity plummeting to an unprecedented nadir by the end ofIn the half-century since the end of Truman’s presidency, though, his popular image has undergone a remarkable reversal, and he is now held up by both Republicans and Democrats as the...
We now see that other past presidents, have found a new level of success in cashing in on the presidency, resulting in untold wealth. Today, many in Congress also have found a way to become quite wealthy while enjoying the fruits of their offices. Obviously, political offices are now for sale. [T]here are some people who wish us to enact laws which would seriously damage the right of free speech and which could be used not only against subversive groups but against other groups engaged in political or other activities which were not generally popular. Such measures would not only infringe on the Bill of Rights and the basic liberties of our people; they would also undermine the very internal security they seek to protect.
the U.S. did not provide any form of pension to former presidents. Truman had little or no income beyond his Army pension ofmonth and bore all the costs of maintaining an office and staff himself, and it was largely due to his financial limitations that Congress finally enacted the Former Presidents Act in 1958 to provide former presidents with pensions and allowances to cover office and travel expenses.
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