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Truman was one of the best presidents the US ever had by basically any measure. What a childish take.


You can like his policy or not, that's your aesthetic choice. But are you claiming he didn't do what I described?


After reading, I am: I gave it a charitable reading, and either I missed it (probable) or you're staking out an extreme position unsupported by facts (less probable, I trust you)


You can read Campos's paper at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3895116 .

"The Truman Show: The Fraudulent Origins of the Former Presidents Act"

> Using recently released and until now unexamined archival evidence, this Article demonstrates that, in a complete contravention of the existing standard historical record, Harry Truman was, as a direct result of being president, a very wealthy man on the day he left the White House, with an estimated net worth, in relative economic terms, of approximately $58 million in 2021 dollars. The Article reveals that this wealth was a result of both Truman’s enormous presidential salary — several times larger, in real terms, than the current salary for the office — and, more problematically, of the evident fact that Truman misappropriated essentially all of the multi-million dollar — in 2021 terms — presidential expense account that was set up for him by Congress at the beginning of his second term.

> The Article also reveals that, again contrary to the current historical understanding, Truman made another fortune after he left the presidency, by doing precisely what he claimed he was not doing, that is, exploiting his status as a former president to maximum economic advantage. Indeed, by the time Congress passed the FPA in response to Truman’s various claims that he was at least teetering on the brink of potential financial distress, Truman’s net worth was, in relative economic terms, approximately $72 million in 2021 dollars.

Some of the information comes from Bess Truman's files, which were only recently released, for example:

> “The cash in the box at the Columbia has been for emergency use,” he wrote. “I kept it in the little safe in the White House as long as I was there. It came out of the $50,000 expense account that was not accountable for taxes. It should be put into bonds except what you need for immediate use.”

This is money from the White House expense account that he did not need to report as taxable income - about $550,000 per year in Y2021 dollars when adjusted for inflation.

See also the section on how much he made from his publication in Life.

> a perusal of the Schedule C attachments to Truman’s tax returns during the years when the installment payments on the memoirs were made (1955 through 1960) reveals that Truman enjoyed a net profit of at least $299,186 on the memoirs

> Converted to 2021 dollars, this means Truman enjoyed, in inflation-adjusted terms, a post-tax and expenses profit from the memoirs of $2,866,000.136 But again, in terms of relative income, this is a radical underestimate: a writer today, to earn a comparable post-tax profit on a book, would need to make approximately $7,600,000–after taxes and expenses


None of that backs the claim that Harry Truman lied.

I still think you have good intentions and believe this, I certainly cannot falsify your claim just because I can't prove it.

TL;DR for following section: a good reset point when you start getting challenge would be stating your claim in a sentence, paragraph max, then providing a sentence, paragraph, max two paragraphs, that back it up, and a link or two out to the source.

Breaking the onboarding flow for this idea into discrete, easy to follow steps that lure the interlocutor along always keeps the temperature low

If I had to hazard a guess why people reacted strongly to the claim:

A) it's much more likely the popular narrative, especially as history progressed, exaggerated the situation than an ex-president made claims about his finances that are falsifiable

B) when arguing an extreme position, especially after the initial round of reactions noting it's extreme, it's better to take due care to link a one sentence claim you have to a paragraph that backs up the claim. Making people weed through a dense Wikipedia article section, then a long comment, neither providing anything that helps put ground under the claim, would reinforce the idea the claimant is mistaken


How does Campos's paper not back the claim? Which of his evidence was insufficient?

Again, this time with Truman's lies highlighted: "Truman made another fortune after he left the presidency, by doing precisely what he claimed he was not doing, that is, exploiting his status as a former president to maximum economic advantage. Indeed, by the time Congress passed the FPA in response to Truman’s various claims that he was at least teetering on the brink of potential financial distress, Truman’s net worth was, in relative economic terms, approximately $72 million in 2021 dollars."

> Making people weed through a dense Wikipedia article section, then a long comment, neither providing anything that helps put ground under the claim, would reinforce the idea the claimant is mistaken

All you've done is be dismissive, using meta-argument rather than presenting counter-evidence.

My comment highlighted parts from Campos's paper showing A) Truman lied about his finances, B) how the popular conception came to be, and C) mentioning how some of the evidence was only recently open to researchers.


Truman was the wrong man at the wrong place and time.

It was almost impossible to have gotten someone worse.




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