What would Donald Trump have done if he were no longer US President?
Donald Trump will remain in office until January 20, 2021 when he hands over the presidency to his successors and then joins the exclusive club of former presidents of the United States (US). So what will the rich politician and businessman do? Opportunities that Trump can do include being able to speak at various events, write memoirs, and plan a presidential library. Jimmy Carter goes into humanitarian fields, George W Bush paints. But Trump is not a politician like most.
"Donald Trump has broken a lot as president," said Tim Calkins, professor of marketing at the School of Management, Northwestern University. "There is no reason to think that Donald Trump will act like the former presidents we've seen," said Calkins. Here are a few possibilities.
He can run again
Trump's political ambitions may not end - he could follow in Grover Cleveland's footsteps and run for a second time. Cleveland is the only president to leave the White House and return four years later, becoming president in 1885 and again in 1893. The US constitution states "no one may be elected President more than twice", but there is no explanation as to whether the terms of office must be consecutive. And so far former close associates have hinted that Trump may run again.
"Of course I will put Trump on the list of candidates who are most likely to run in 2024," former chief of staff, Mick Mulvaney, said recently. Trump clearly loves campaigns and won 71.5 million votes in this year's election - a record high for a losing candidate, and a clear indication that he has a large support base in the public. "He will leave the presidency with a brand at a certain level, just as influential as when he became president," said Professor Calkins. There is also speculation that the president's eldest son, Donald Trump Jr., is interested in aiming for the highest position, a view he does not dismiss.
Save his business empire
Before becoming a politician, Trump was a real estate magnate, a television reality show star and an ambassador for his own brand, using his name to craft lucrative licensing deals. He might pick up where he left off four years ago and get back into business. The New York Times newspaper reported Trump's debt amounting to more than $ 400 million due in recent years - although he said that was only a "fraction" of his total fortune.
The Trump Organization Corporation owns many hotels and golf courses. Properties on Trump's behalf are in Mumbai, Istanbul and the Philippines - and of course in Washington, DC - and golf courses in the US, UK, Dubai and Indonesia. But if the president chooses to step back in January, he has many tasks. Much of his business is in the tourism and travel industry, which has been badly affected by the coronavirus pandemic. Forbes reports Trump's wealth may have shrunk by US $ 1 billion due to Covid-19. Based on two decades of tax documents obtained by the New York Times, the paper also reported "chronic losses and years of tax evasion", saying Trump had not paid any taxes in 10 of the previous 15 years, "the biggest culprit being his losses. greater than the income it receives ". But the Trump Organization and the president himself called the report inaccurate.
Become a media entrepreneur
President Trump is no stranger to television screens, having hosted a successful showcase for the reality program The Apprentice. As such there is much speculation that it is ambitious to become involved in the news media, either by launching its own channel or working with established conservative networks. "He certainly has a potential audience," said Henry Schafer, executive vice president at Q Scores Company. He said Trump succeeded in building his brand as a "personality based on love and hate" like the Kardashians or the Howard Sterns.
And according to Schafer, Trump will use tactics in his favor. "He managed to use controversy, he distorted controversy for his own sake, that's his mode of operation." Television networks that may be interested in working together are One American News Network (OANN) or Newsmax. OANN is the president's favorite television network and vice versa. Christopher Ruddy, CEO of Newsmax, a conservative television channel, was once nicknamed "The Trump Whisper" by the Washington Post. There may be other media or entertainment businesses. The US president often signs collaborations on book writing. Barack and Michelle Obama are pressing for a collective agreement that has a record value of $ 65 million (around Rp. 917 billion) - although that figure is rarely achieved. George W Bush reportedly received $ 10 million (Rp.141 billion) in advance for his memoirs. The Obamas also signed a multimillion dollar production agreement with Netflix, and the couple Bill and Hillary Clinton signed a contract for a podcast.
Retirement after becoming president
The rump will enjoy a pension - and many other benefits - when he is out of office. The former President's deed, drawn up in 1958 to "safeguard the honor" of the president, provides various benefits, including an annual pension fund set at US $ 207,800 in 2017. The former president is also entitled to lifelong escort from the Secret Service or Secret Service, medical benefits, and facilities. travel arrangements and salary costs for employees. So at 74 now, Trump can choose to enjoy his retirement. He can devote his days to humanitarian interests, boost his income by speaking and planning his presidential library, the archives and museums of a president and his administration, which are usually built in his home state.
Trump can fill his spare time to relax and play golf in Florida, precisely at Mar-a-Lago, his vacation home in Palm Beach. But according to Professor Calkins, Trump is unlikely to stay put. "Donald Trump as a personality is likely not going to disappear and I think we will still see the Trump brand in the world," he explained. In October, Trump even speculated that, if he lost the election he would be so sad that "maybe I'll go abroad. I don't know."
The Trump Organization Corporation owns many hotels and golf courses. Properties on Trump's behalf are in Mumbai, Istanbul and the Philippines - and of course in Washington, DC - and golf courses in the US, UK, Dubai and Indonesia. But if the president chooses to step back in January, he has many tasks. Much of his business is in the tourism and travel industry, which has been badly affected by the coronavirus pandemic. Forbes reports Trump's wealth may have shrunk by US $ 1 billion due to Covid-19. Based on two decades of tax documents obtained by the New York Times, the paper also reported "chronic losses and years of tax evasion", saying Trump had not paid any taxes in 10 of the previous 15 years, "the biggest culprit being his losses. greater than the income it receives ". But the Trump Organization and the president himself called the report inaccurate.
Being a media entrepreneur President Trump is no stranger to television screens, having hosted a successful program for the reality program The Apprentice. As such there is much speculation that it is ambitious to become involved in the news media, either by launching its own channel or working with established conservative networks. "He certainly has a potential audience," said Henry Schafer, executive vice president at Q Scores Company. He said Trump succeeded in building his brand as a "personality based on love and hate" like the Kardashians or the Howard Sterns.
