Biden Sounds Alarm on 'New Gilded Age': A Threat to American Freedoms
2025-01-16
The Independent
In his farewell presidential address, President Joe Biden cautioned that a new era of 'robber barons' is posing a significant threat to the hard-won freedoms of Americans. Unless the government intervenes to regulate the ultra-rich and powerful corporations, the country may be headed towards a new age of economic inequality. This warning comes as concerns about income inequality and corporate power continue to grow, with many calling for increased economic reform and social justice. The President's remarks highlight the need for policies that promote fairness and protect the rights of all citizens, not just the wealthy elite, in this emerging era of 'neo-feudalism'