Former President Joe Biden is struggling to cash in on his presidency

Former President Joe Biden spent his first Independence Day out of the White House at a high-end trailer park. This was a representation of where his post Presidency is and where he stands not just amongst the American people, but Democrats overall.

Needless to say, Joe Biden is charting a post presidency that is less lucrative than what he’d expected when he left office. Options for big jobs are limited by his advanced age, his unpopularity in Democratic circles and companies that aren’t offering speaking gigs.

His own allies have grown critical of his presidency, most recently former Vice President Kamala Harris, who in a new book says the Democratic Party was reckless to allow Biden to run a second time.

The result for Biden is a leaner next chapter that lacks the well-funded foundations, plans for exquisite libraries and full calendar of paid speeches his peers enjoyed. Former Presidents Obama and Clinton were able to cash in enormously with paid speeches all over the country.

But this doesn’t seem like an option for Biden, who many Democrats blame for their decisive defeat in 2024. Now, Democrats did lose the elections at the end of Bill Clinton’s (2000) and Barack Obama’s (2016) terms.

But besides the fact that both of those elections saw Democrats win the popular vote, Democratic voters felt as a whole much better about Bill Clinton and Barack Obama’s Presidencies than they did about Joe Biden’s.

The only thing that made Democrats like Biden in the first place was his win in 2020, which they thought meant the end of Trump. Because they view Biden’s actions, specifically staying in as long as he did, as contributing to Trump’s return stronger than ever, the one thing that Democrats loved Biden for has been undone.

And Democrats in general felt much worse during Biden’s presidency than during the presidencies of Clinton and Obama. Add in Biden’s old age, lack of charisma, and difficulty speaking coherently, and it is little wonder that offers for speaking engagements are so few and far between for the 46th President.

Former President Joe Biden will be fine; he has more than enough money. But he may not be in for the tens of millions of dollars that his Democratic predecessors were, and will have to get used to that fact.