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Read what President Biden said this night about the US that lit up Twitter

There is no United States of America without Capitalism. A fact.

And, while other countries may promote, adopt and practise varied versions of capitalism based on their understanding of its underlying principles, very few know it the way the Americans do.

But one man who knows and underatands it the American way (without doubt) has let out the secret.

US President, Joe Biden, Friday night on his official Twittrr handle, gave a profound insight into the foundation of America’s Capitalism and the indispensable drivers that set it apart from other adulterated versions.

Expectly, it set twitter abuzz…

Hear him:

“Let me be clear: capitalism without competition isn’t capitalism. It’s exploitation.

“To keep our country moving, we have to bring fair competition back to this economy. That’s why today, I’m signing an Executive Order promoting competition.

“It’ll lower prices, increase wages, and take another critical step toward an economy that works for everyone.

“Tune in as I deliver remarks and sign an executive order on promoting competition in the American economy.

https://mobile.twitter.com/POTUS

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Olusegun Fayose

Olusegun Sunday Fayose, founder of RovingNaija.com is a Marketing Communication executive with experience in Corporate Communication, Public Relations, Branding and Advertising. He is also a seasoned media professional with roots in print, broadcast and online journalism. Segun, who last managed the Group Corporate Communication function of MultiChoice Nigeria, is upbeat that through responsible, fair, accurate and courageous reporting; and the support of readers, followers and patrons, Nigeria takes a step closer to a regime of accountability, fairness and equity in governance.

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