Money is not rolling in for former President Joe Biden, who is finding that life after the White House has not matched the lucrative opportunities enjoyed by his Democrat predecessors, former Presidents Bill Clinton and Barack Obama.
The Obamas have spent their summers on Martha’s Vineyard, while the Clintons are often seen in the Hamptons. Biden, 82, by contrast, has been spotted in the quiet car on an Amtrak train or in the first-class cabin of a commercial airliner, The Wall Street Journal reported Tuesday.
Biden’s age, diminished popularity among Democrats, and corporate concerns about retaliation from President Donald Trump have limited his options. Paid speeches typically command between $300,000 and $500,000, but demand has been light. One group initially offered $275,000 before agreeing to cover expenses that pushed the fee into his expected range.
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