In his departure speech on Wednesday, President Joe Biden issued a number of dire warnings about the nation’s future, citing the emergence of a growing oligarchy as a threat to American democracy.
“Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead,” Biden stated.
Delivered from the Oval Office, Biden’s remarks appeared to be directed specifically at Mark Zuckerberg, the CEO of Meta, and billionaire Elon Musk, who has supported President-elect Donald Trump since his election victory.
Additionally, Biden launched into a scathing attack on social media companies, claiming they are failing to fact-check.
“Fact-checking on social media is being abandoned. “Lies told for power and profit smother the truth,” Biden remarked, seemingly alluding to Meta’s decision to discontinue its fact-checking program.
The president referred to artificial intelligence as “the most consequential technology of our time” and cautioned about its possible dangers.
“Nothing offers more profound possibilities and risks for our economy and our security, our society,” he stated.
Furthermore, Biden maintained that in the absence of protections, AI would “spawn new threats to our rights, our way of life, to our privacy, how we work, and how we protect our nation.”
Additionally, Biden expressed his hope for the success of the upcoming Trump administration.
It goes beyond the final four years of his presidency. Karine Jean-Pierre, the press secretary for the White House, informed reporters on Wednesday that he was leaving his position.
As you can expect, the president has a lot to say and a lot of ideas to give that truly touch on the current situation, she continued.
Biden highlighted sustained job creation, reduced prescription medication costs, and investments in renewable energy to combat climate change in a letter released on Wednesday that served as a preview of his prime-time speech.
Early in his term, he described the fight to escape the Covid epidemic as “a winter of peril,” stating that Americans united and “braved through it.”
“We emerged stronger, more prosperous, and more secure,” states Biden’s letter.
Biden also emphasized his track record in the economy, especially the steady improvements in the labor market.
More than 16.6 million new jobs have been created since Biden entered office, he claimed in a statement last week praising the last monthly jobs report of his term, making his government “the only administration in history to have created jobs every single month.”
Biden may be able to add a ceasefire agreement between Israel and Hamas to the list of achievements of his administration.
He highlighted a recent cease-fire agreement between Israel and Hamas at the start of his goodbye speech, pointing out that the incoming Trump administration will be implementing much of it.
The deal, which was revealed Wednesday afternoon, would be a significant step forward in the long-running conflict that has plagued Biden’s administration and drawn criticism from within his own party if it is implemented this weekend as scheduled.
Biden made oblique allusions to President-elect Donald Trump in his letter rather than mentioning him directly.
“I felt that America’s soul was on the line, so I decided to run for president. It was about the essence of who we are. And that remains true,” he stated.
According to Jean-Pierre, Biden wants to be upbeat and discuss our accomplishments. Additionally, she stated that the speech will not be politicized.
In his letter, Biden reminisced on his childhood and his experiences as a public servant, striking a personal note. “Nowhere else on Earth could a kid with a stutter from modest beginnings” hold the office of vice president and then the presidency for fifty years.
“I have dedicated my entire being to our country. And the love and support of the American people has been a millionfold blessing to me in return,” he remarked.
Biden has not yet provided details on his post-presidential plans.
According to three administration insiders, he and the first lady are to head straight to Central California for personal time after the inauguration. According to officials, the pair intends to remain in Santa Barbara County, although their plans may be impacted by the wildfires in Los Angeles.
Last Thursday, a reporter questioned Biden about his post-presidential plans: would he be visible and invisible or would he speak out?
Biden answered, “I won’t be out of sight or out of mind.”