Joe Biden’s Performance as an Anti-Bank Populist Leaves Something To Be Desired

Speaking on June 14 to about 2,000 union members, leaders and state and local officials at the AFL-CIO Constitutional Convention in Philadelphia, which is held every four years, President Joe Biden denounced the oil companies and Wall Street for high prices at the gas pump. Reuters described it as follows: “Often raising his voice to a yell, Biden vowed to continue to pursue billionaires and corporations that his administration says underpay billions of dollars in taxes each year, and to pursue economic policies aimed at shrinking U.S. inequality…. `Wall Street didn’t build this country, the middle class built this country,’ Biden said, adding that if investment bankers went on strike, not much would happen to the U.S. economy.