In a poignant farewell speech to the country, President Biden expressed grave concerns regarding the emergence of a wealthy elite, which he described as an “oligarchy” forming within the United States.

During his address, he outlined his worries about the growing economic disparity and the power concentration among the ultra-wealthy class. Biden emphasized that this trend poses a significant threat to the foundation of democracy and the principles of equality that the nation was built upon.

The President urged citizens to remain vigilant against this trend and advocated for reforms aimed at redistributing wealth to ensure fairness and opportunity for all Americans. He pointed out that a healthy democracy relies on the active participation of its citizens and the equitable distribution of resources.

As he concluded his remarks, Biden called on the public to unite in the fight against this rising trend, highlighting the importance of solidarity in preserving the democratic values that define the nation. He expressed hope for a renewed commitment to social justice, thereby encouraging people to take action in ensuring a more balanced economic landscape for future generations.