Progressives are frustrated by Biden’s final-days warning of billionaire influence
- The Democratic Party's left wing has long warned about America moving toward an oligarchy controlled by billionaires, a concern President Joe Biden addressed in his final Oval Office address.
- Biden's speech highlighted the influence of billionaires in U.S. Politics, marking the first time he used the term 'oligarchy' in this context, according to White House archives.
- Progressives expressed mixed reactions to Biden's remarks, with some feeling it was too little too late, while others, like Senator Bernie Sanders, appreciated his acknowledgment of the issue.
- Biden warned that extreme wealth concentration threatens democracy and called for vigilance against the influence of billionaires, stating, 'Today, an oligarchy is taking shape in America.
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Total News Sources0
Leaning Left7Leaning Right0Center5Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
L 58%
C 42%
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