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.

  • Viking_Hippie@lemmy.dbzer0.com
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    15 hours ago

    You’re right, but focusing on Pelosi when Biden himself is an excellent example smacks of whataboutism.

    It isn’t a whataboutism (since she and Biden have very much been working together on behalf of the oligarchs), but it looks like one to the casual observer, which is probably why you’re being bombarded with unfair downvotes in a Liberal (as opposed to Left) leaning community.