http://www.salon.com/2017/03/06/suc...-million-book-deal-is-the-last-thing-we-need/
"Sucks for us: Why Barack and Michelle Obama’s $65 million book deal is the last thing we need
The publishing world was rocked last week by the news that Penguin Random House had reportedly paid $65 million to Barack and Michelle Obama for a pair of his and her memoirs. I love the Obamas as much as the next traumatized white liberal and good things happening to good people is usually a cause for a celebration but, in this case, not so much.
Historically, presidential memoirs have paid even more. Bill Clinton reportedly received $15 million for “My Life,” a book so long Jon Stewart once joked he hadn’t finished by page 12,000. But $65 million is so unprecedented, it should set off a round of soul-searching among publishers (though, of course, it will not). You might think a rising tide floats all boats for all writers but no, it doesn’t work that way. When a publisher overspends on books written by already rich celebrities, it means that much less money for real writers, the schmucks who spend years researching a topic and then another year laboring over the craft of telling an engaging story — in other words, the people who write the books you and I actually want to read.
For writers, the glaring inability to make a decent living was painfully brought home last year by award-winning author Neal Gabler’s cri de coeur in The Atlantic about being dead broke after a lifetime of writing. As Gabler noted, the advances were never enough to cover his expenses in the years it took to write a book, and the magazines he wrote for continued to pay him the exact same amount they had paid him 20 years ago for an article of the same length. Hey, Neal, I can top that: This website is paying me one-twentieth of what I used to make writing magazine articles 20 years ago. But, oh, the fame!
When Hillary Clinton was asked why she took all that money from Goldman Sachs, she shrugged her shoulders and said, “It’s what they offered.” It didn’t mean she had to take it."