Summary

In his farewell speech, President Joe Biden warned of a growing “oligarchy” in the U.S., where extreme wealth and power threaten democracy.

Comparing modern elites to 19th-century robber barons, he called for reforms to hold the wealthy accountable, as done in the past.

Biden also criticized a “tech-industrial complex” concentrating power and spreading disinformation, weakening democracy.

His remarks sparked a surge in Google searches for “oligarchy.”

The speech comes amid rising concerns about policies favoring billionaires, like Trump’s tax cuts and potential cuts to social safety programs.

  • ubergeek
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    6 hours ago

    The average person in the US was too busy trying to figure out how to get a 500 dollar paycheck to cover 300 in groceries, 200 in rent, 100 for electric, and 200 for gas to get to work. While also paying 300 for baby formula.

      • ubergeek
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        3 hours ago

        That’s just reality for a ton of Americans. Where do you suggest they get these new jobs, since most pay about the same? Or should they just get multiple jobs? Because that sounds like a great way to keep more Americans uninterested in politics…

    • glimse@lemmy.world
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      6 hours ago

      Yeah, exactly. When your life is on fire, putting out the flames is a lot more pressing than finding who started it.