Varney: Biden’s presidency was a failure

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During his show “My Take” on Thursday,Varney & Co“Host Stuart Varney discussed Biden’s record-low approval ratings days before he leaves office.

President Biden’s farewell message: Read here

Stuart Varney: President Biden looked to the future. He doesn’t like what he sees. His farewell speech last night had a sombre tone.

Biden speaks to reporters at the White House

WASHINGTON, DC – JANUARY 09: US President Joe Biden speaks to the media about the federal response to the Los Angeles wildfires at the White House on January 09, 2025 in Washington, DC. Wildfires in the Los Angeles area killed at least five people (Tasos Katopoudis/Getty Images/Getty Images)

It was a warning. When he first took office, all the talk was about possibilities. When he leaves the stage, it’s all about the dangers he sees ahead.

It focused on the tech billionaires who are very close to Donald Trump. They will hold key seats at the inauguration. Elon Musk is almost co-chairman. Almost all technology leaders have praised Mar-a-Lago.

Mark Zuckerberg visits Trump at MAR-A-LAGO, reportedly ‘wants to support national renewal’

But for Biden, they represent an oligarch. “The tech-industrial complex” which he says “threatens our entire democracy and our fundamental rights and freedoms.” These are the people who gave America technological leadership in the world, but Biden considers them “robber barons.”

Split photo of Zuckerberg and Trump

Mark Zuckerberg visited Trump’s Florida estate, Mar-a-Lago, on Wednesday. (Getty Images/Getty Images)

He sees threats everywhere: artificial intelligence brings “new threats to our rights and our way of life.”

He adds that the free press is “crumbling”, and that social media companies bear some of the blame. This is a veiled jab at Mark Zuckerberg who ended fact checking on Facebook and Instagram.

Elon Musk praises Zuckerberg’s move to end fact-checking on Facebook and Instagram

When we talk about darkness, he says: “The truth is smothered by lies told for power and profit.”

Trump Mar-a-Lago Presser

PALM BEACH, FL – JANUARY 7: U.S. President-elect Donald Trump speaks to members of the media during a press conference at the Mar-a-Lago Club on January 7, 2025 in Palm Beach, Florida. Trump will be sworn in as the forty-seventh president of the United States (Scott Olson/Getty Images/Getty Images)

Last night we heard 18 minutes of warnings about Donald Trump, who he didn’t mention once. He had a parting shot for Nancy Pelosi, the Democrat who pushed him out of the race: He didn’t mention her name, but Biden wants to ban members of Congress from trading stocks: The Pelosi family made a lot of money trading stocks.

He is leaving as a deeply unpopular president. CNN estimates his approval rating at just 36%. 61% consider Biden’s presidency a failure.

Hunter Biden Jill Biden

Hunter Biden, son of President Joe Biden, leaves the federal courthouse with First Lady Jill Biden and his wife Melissa Cohen Biden on June 11, 2024, in Wilmington, Delaware. (Photo by Anna Moneymaker/Getty Images/Getty Images)

There are 4 days left. He still has time to pardon his family members. It could still become less popular.

It’s a sad ending.

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