Stuart Varney: Biden's presidency was a failure and his approval rating proves it
Biden's collapsing approval is a 'sad ending' to his presidency, Varney says
Stuart Varney: Biden's presidency was a failure
'Varney & Co.' host Stuart Varney discusses Biden's approval rating crumbling as he exits office.
During his "My Take" on Thursday, "Varney & Co." host Stuart Varney discussed President Biden's record-low approval ratings days before he exits office.
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Stuart Varney: President Biden looked to the future. He doesn't like what he sees. His farewell speech last night had a dark tone.
President Biden speaks to the media about the federal response to the Los Angeles wildfires at the White House in Washington, D.C., on Jan. 9. (Tasos Katopodis/Getty Images / Getty Images)
It was a warning. When he first took office, all the talk was about possibilities. As he leaves the stage, it’s all about the dangers he sees ahead.
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He zeroed in on the tech billionaires who are very close to Donald Trump. They will take prime seating at the inauguration. Elon Musk is virtually the co-president. Just about every tech leader has paid tribute at Mar-a-Lago.
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But to Biden, they are an oligarchy. A "tech industrial complex" that he says "threatens our entire democracy, our basic rights and freedoms." These are the people who have given America worldwide technology leadership, but Biden sees them as "robber barons."
Mark Zuckerberg, left, recently visited Mar-a-Lago, President-elect Trump's Florida estate. (Getty Images / Getty Images)
He sees threats everywhere: AI brings "new threats to our rights, our way of life."
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The free press is "crumbling," he says, and social media companies carry some of the blame. That’s a thinly veiled hit on Mark Zuckerberg, who has ended fact-checking on Facebook and Instagram.
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Talk about dark, he says "the truth is smothered by lies told for power and profit."
President-elect Trump speaks during a press conference at the Mar-a-Lago Club in Palm Beach, Florida, on Jan. 7. (Scott Olson/Getty Images / Getty Images)
Last night, we heard 18 minutes of warnings about Donald Trump, who he did not mention even once. He had a parting shot for Nancy Pelosi, the Democrat who pushed him out of the race. He didn't name her, but Biden wants to ban members of Congress from trading stocks: Pelosi's family made a lot of money trading stocks.
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He is leaving as a deeply unpopular president. CNN puts his approval rating at just 36%; 61% consider Biden's presidency a failure.
Hunter Biden, son of President Biden, leaves federal court with first lady Jill Biden and his wife Melissa Cohen Biden in Wilmington, Delaware, on June 11, 2024. (Anna Moneymaker/Getty Images / Getty Images)
There’s four days left. He still has time to pardon members of his family. He could still become even more unpopular.
It is a sad ending.
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