‘Oligarchy of ultra-wealthy taking shape in America’: Top quotes from US president Joe Biden’s farewell address – Times of India
President Joe Biden, in his farewell address on Wednesday warned that a “dangerous concentration of power” among the ultra-wealthy is threatening democracy in the United States, describing it as an emerging “oligarchy.” Biden said, “Extreme wealth, power, and influence are taking shape in America, and it literally threatens our entire democracy.”The outgoing president also expressed…