January 16, 2025
Biden warns of oligarchy and emphasizes democracy in farewell speech
Listen to the article President Joe Biden delivered his farewell address Wednesday afternoon, reflecting on his four-year presidency and warning about the direction he believes the nation is headed. Speaking from the Oval Office, Biden described his legacy as one of rebuilding and transformation, but focused much of his speech on concerns about the future of American democracy and society. Biden warned of the growing concentration of power in the hands of a small group of ultra-rich individuals, calling it a “dangerous” trend that could lead to the emergence of an “oligarchy.” He pointed to the historical example of “robber



