Toni
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Actually, it's unclear whether or not he could run as VP, according to Snopes. But, you could have looked up that answer yourself.
https://www.snopes.com/fact-check/former-president-becomes-vice-president/
Congress passed the 22nd amendment, ratified by the requisite number of states in 1951, which created a two-term limit for future Presidents. That amendment (along with earlier constitutional restrictions) would seem to disqualify Barack Obama from ever again attaining the office of President or Vice President of the United States, as he was elected to, and served, two full terms in that office between 2009 and 2017.
However, the wording of the 22nd Amendment doesn’t literally say that no one can be President for more than two terms; only that no one can be elected President more than twice:
Again we bump into some problems of literalness, though, because some would argue that a person who has already run up against the limits of the 22nd Amendment isn’t “constitutionally ineligible” to be President (i.e., that person doesn’t fail to meet one or more of the requirements specified in Article II of the constitution, such as being at least 35 years old or a natural-born citizen of the United States) but is merely constitutionally ineligible to be elected President. Under this interpretation, a former two-term President would still be eligible, under the law, to obtain and hold the office of Vice President through election or appointment to that position.
Ultimately, the only answer to this hypothetical is that there is no answer: this is an interpretive legal issue that, should it ever arise, would have to be decided by the judicial branch of the U.S. government.
I highly doubt that anyone who has already been president for two terms would even want to run for or be VP.
I'm really sure that Obama and certainly Michelle is really really really done with Obama being POTUS.