‘Oligarchy of ultra-wealthy taking shape in America’: Top quotes from US president Joe Biden’s farewell address

In his farewell address, President Joe Biden warned of a “dangerous concentration of power” among the ultra-wealthy, threatening democracy and describing it as an emerging “oligarchy.” He expressed concern about misinformation, press freedoms, and urged vigilance in protecting democratic institutions. Biden highlighted his administration’s achievements in job creation, climate action, and healthcare reforms, while cautioning against rising inequality and disinformation, emphasizing the importance of unity, resilience, and addressing climate change.

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