Biden Warns of Oligarchic Threats in Farewell

In President Joe Biden's farewell address, he reflected on his administration's achievements and warned of future challenges, such as oligarchic threats to democracy and climate change. Despite citing accomplishments like the Inflation Reduction Act and a $42 billion internet program, critics argue these have not yielded tangible results yet. Former President Barack Obama praised Biden's leadership during crises, including the COVID-19 pandemic and international conflicts. However, Biden's presidency is seen as a failure by 61% of Americans in a recent poll, with only a quarter rating him as a 'good or great' president. The political landscape has shifted with Biden's decision to step down, influenced by internal party pressures, including Nancy Pelosi's counsel, leading to Kamala Harris's nomination and subsequent loss to Donald Trump. Biden's departure marks an unresolved struggle to shift away from Trump's influence, as his initial campaign promises remain unfulfilled.