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Biden Warns of Oligarchy in Farewell Address, Reflects on Achievements

In his farewell address, Biden warns of an emerging oligarchy while reflecting on achievements and endorsing collective efforts for democracy.

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Overview

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In his farewell address from the Oval Office, President Biden warned of the rise of an oligarchy in America and the dangers posed by a tech-industrial complex. He highlighted the accomplishments of his administration, including economic recovery post-COVID-19, lower prescription drug prices, and a recent ceasefire between Israel and Hamas. However, he emphasized the threats of unchecked power among the wealthy, misinformation, and the need for democratic engagement. Biden called on citizens to defend democracy as he prepares to leave office, endorsing Vice President Kamala Harris and urging unity in pursuing the American dream.

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