“In his farewell speech, US President Joe Biden warned of the development of an “oligarchy” in the United States, which threatens democracy. Source: Biden in farewell speech, quoted by CNN Biden’s direct speech: “I want to warn the country about some things that are of great concern to me.”, — write: www.pravda.com.ua
In his farewell speech, US President Joe Biden warned of the development of an “oligarchy” in the United States, which threatens democracy.
Source: Biden in his farewell speech, quoted by CNN
Direct speech Biden: “I want to warn the country about some things that are of great concern to me. And it’s a dangerous concern. And it’s a dangerous concentration of power in the hands of a very small number of super-rich people.”
“A oligarchy of extraordinary wealth, power and influence is emerging in America today that literally threatens our entire democracy, our basic rights and freedoms, and everyone’s fair chance to get ahead.”
Details: Biden referred to the concentration of power more than a century ago in the hands of “robber barons” who broke through antitrust practices more than a century later.
Direct speech Biden: “They didn’t punish the rich. They just made the rich play by the rules everyone else had to play by.
Workers wanted the right to earn their fair share.
A deal was made with them, and it helped put us on the path to building the largest middle class and the most prosperous century that any nation in the world has ever seen. We have to do it again.”