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Biden Delivers Farewell Address, Expresses Concern Over Rise of Oligarchy in America

Biden Delivers Farewell Address, Expresses Concern Over Rise of Oligarchy in America

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Joe Biden, the outgoing president, has expressed concerns about the rise of an oligarchy in America, characterized by extreme wealth, power, and influence. He has also warned about the potential emergence of a "tech-industrial complex," which could threaten democracy. These comments were made before his transition of power to President-elect Trump on January 20.

Joe Biden
Democratic Party
1. What I believe is that the America of our dreams is always closer than we think.
2. We must hold the social platforms accountable to protect our children, our families, and our very democracy from the abuse of power.
3. We're doing both, but powerful forces want to wield their unchecked influence to eliminate the steps we've taken to tackle the climate crisis.
4. The truth is smothered by lies, told for power and for profit.
5. It'll take time to feel the full impact of what we've done together but the seeds are planted and they'll grow and they'll bloom for decades to come.
6. I ran for president because I believed that the soul of America was at stake.
7. The existential threat of climate change has never been clearer.
8. We proved we don't have to choose between protecting the environment and growing the economy. We're doing both.
9. The free press is crumbling. Editors are disappearing. Social media is giving up on fact-checking.
10. Americans are being buried under an avalanche of misinformation and disinformation, enabling the abuse of power.
11. We've created nearly 17 million new jobs—more than any other single administration in a single term.
12. I'm equally concerned about the potential rise of a tech-industrial complex that could pose real dangers to our country as well.
13. Our system of separation of powers, checks and balances may not be perfect, but it has maintained our democracy for nearly 250 years.
14. Artificial intelligence is the most consequential technology of our time, perhaps of all time.
15. Nowhere else on Earth could a kid with a stutter from modest beginnings in Scranton, Pennsylvania, and Claymont, Delaware, one day sit behind the Resolute Desk in the Oval Office as President of the United States.
16. Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.

Biden Delivers Farewell Address, Expresses Concern Over Rise of Oligarchy in America

Biden's farewell to the nation

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