President Clinton is hauling in big bucks from speaking these days. Last year he made $13,400,000 by giving 54 speeches. That is quarter-of-a-million per speech. Some of his fatter gigs over the last few years have brought in $750,000.
Consider that Hilary can probably make just as much when she retires.
Imagine living like that. Imagine sending out your bill: One speech, 2000 words, 12 cliches, rousing ending. Payment due - $750,000.
The figures were in the news this week and they prompted a few thoughts.
One is that we often see business leaders lambasted for collecting mega-millions. For running huge enterprises that employ many thousands of workers. For supervising countless factories in countries around the globe. The lambasters claim these tycoons don’t deserve so many millions. Even though they may have steered their companies into billions in profits.
Sure they work hard, the criticism goes. But so do their factory workers. And those slaves take home a mere pittance by comparison.
True. But the same is true in this speech industry. You might slave for weeks over an address to your local Rotarians. Just try squeezing $750,000 out of them. You’re lucky to get a good meal.
There is something about this celebrity biz. We resent J. T. Tycoon making the big bucks and living large. But how about the guy who takes dope and swats baseballs into the upper deck? We don’t mind that he makes fifty grand every time he comes to the plate.
And years later, when he is fat and foggy, we will be happy that he hauls in big bucks to make appearances. People shell out $75 bucks for Pete Rose to scribble his name on a baseball. And they reckon they get a bargain.
