President Biden spoke to the country from the Oval Office on Wednesday and shared some worries he had for America. He mentioned how he’s concerned about very rich people gaining too much power kinda like an “oligarchy” and thinks this is already starting to happen. He also brought up how former President Eisenhower talked about the military being too powerful and said he’s seeing something similar with tech companies a “tech-industrial complex” that could be risky for our freedom and how our democracy works.
Biden explained that this concentration of wealth and the tech industry’s growing influence could be harmful. He believes it could slowly take away from basic democratic ideas. The president didn’t go into detail about specific actions he would take to change this he mainly wanted to warn the country about the potential dangers he sees. He wants people to understand what he sees as a threat to the nation’s values.
His speech on Wednesday didn’t give specific timing for when or where these problems might surface. He wanted to focus on the risks he perceives are coming. He tied his concerns to Eisenhower’s warnings to say it’s important for leaders to warn people of potential dangers for our democracy. It seems his message was mainly to be aware and to stay concerned about the country’s future.