Amazon founder Jeff Bezos chided President Joe Biden over rising inflation and gas prices.
The billionaire reacted to Biden telling gas station owners to lower prices in a tweet on Saturday.
“Ouch,” Bezos replied on Twitter. “Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.”
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics. https://t.co/XgKfEICZpk
— Jeff Bezos (@JeffBezos) July 3, 2022
Bezos has chastised the Biden administration before.
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The feud over inflation began in May, when Biden tweeted that the wealthiest corporations should pay their “fair share” in order to bring down inflation.
Bezos tweeted in response: “The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.”
The White House fired back with a statement.
“It doesn’t require a huge leap to figure out why one of the wealthiest individuals on Earth opposes an economic agenda for the middle class that cuts some of the biggest costs families face, fights inflation for the long haul, and adds to the historic deficit reduction the president is achieving by asking the richest taxpayers and corporations to pay their fair share,” the statement read. Bezos’s tweet followed a meeting between Biden and labor organizers, including Amazon employees.
their best to add another $3.5 TRILLION to federal spending. They failed, but if they had succeeded, inflation would be even higher than it is today, and inflation today is at a 40 year high.
— Jeff Bezos (@JeffBezos) May 16, 2022
In response, Bezos said unions and wealthy people aren’t causing inflation but that Biden’s Build Back Better Act, a plan aimed at revitalizing the economy, would.
Despite having stepped down as CEO last year, Bezos remains Amazon’s executive chairman. In April, Biden singled out the e-commerce company when discussing workers’ right to unionize.
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“I created the White House Task Force on Worker Organizing and Empowerment to make sure that the choice to join a union belongs to workers alone,” Biden told the audience at North America’s Building Trades Unions Legislative Conference.
“By the way, Amazon, here we come,” Biden added as he leaned in toward the microphone with a smile.
“By the way, Amazon here we come.”
— President Biden promotes workers’ right to unionize while speaking to the North America’s Building Trade Unions pic.twitter.com/BaMtywgN3b
— The Recount (@therecount) April 6, 2022
