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Presidential Pensions as Broken Windows
Prof. Edward A. Zelinsky, OUPblog
[Opinion] June 5, 2017
"Why should federal taxpayers pay a post-presidential pension to a former President who is willing and able to enrich himself after he leaves the White House? ... [T]he presidential pension presents the classic case of a 'broken window,' the relatively small incident which suggests deeper disarray. The same 'broken windows' effect occurs when former state legislators manipulate state pension laws, taking short-term but highly paid state executive positions to boost their retirement pensions."
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