Washington, DC. Outgoing US President Joe Biden said in his closing address: “Today, an oligarchy of extreme wealth, power, and influence is taking shape in America that threatens our entire democracy.” After four years in the White House and 52 in politics, the outgoing president warned citizens about the tech oligarchs, the interests of the energy-industrial complex, and the “avalanche of disinformation” that has “buried Americans” and is spreading through social media (“We must hold social media platforms accountable”). He also stated that presidents’ power should not be absolute. “No president should be immune from the crimes they commit while in office.” In this latest speech, Biden, who leaves office with a very low approval rating of 36.7%, did not try too hard to convince Americans of his political successes, because “it will take time to feel the effects.” He made only a few references: to the semiconductor industry brought back home, to the reduction in the price of medicines, to the laws to control the spread of weapons, to NATO and Ukraine, to the competition with China, and above all, to the beginning, to the ceasefire reached a few hours earlier between Israel and Hamas.
