I chose to see this as a glass half full situation. I hope that in four years we see this speech as a starting point in which the Dems run on a platform of economic populism.
You may call me overly optimistic. However, the reason I am even remotely hopeful is that the very rich (and the media they own) are fully realigning with the GOP. This means Democrats will receive far less large donations in the future, and things will get shaken up, whether leadership likes it or not.
There is definitely more direct censorship of domestic events in China than in the US. For instance, in the US it is widely publicised that the government separates children from adults at the border. Ask Chinese about the Uyghur work camps and they won’t know.