Amazon founder Jeff Bezos took to Twitter this weekend to call out the Biden Administration’s role in causing record high inflation.
The feud began on May 13 when President Joe Biden tweeted, “You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share.” A comment that clearly struck a nerve with Bezos.
Bezos replied that perhaps Biden’s newly created Disinformation Board, a division of the Department of Homeland Security, should review Biden’s tweet.
While Bezos is rightly skeptical that raising corporate taxes will decrease inflation, (which remains at a 40-year high), newly-minted White House Press Secretary Karine Jean-Pierre struggled to give a coherent answer as to why Biden’s view was correct.
RELATED: Report: 2/3 of Americans Now Living Paycheck-to-Paycheck As Inflation Again Exceeds Estimates
Bezos wasn’t finished with Team Biden, though.
On May 15 Bezos weighed in on Biden taking a victory lap for decreasing the deficit, noting that had Biden had his druthers, that wouldn’t be the case: “In fact, the administration tried hard to inject even more stimulus into an already over-heated, inflationary economy and only Manchin saved them from themselves. Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country.”
His tweet refers to Senator Joe Manchin’s (D-WV) heroic vote against Biden’s landmark 3.5 trillion spending package. Manchin was the sole Democrat to vote against the bill.
“I’ve never found out that you can lower costs by spending more,” Manchin said.
RELATED: $163 Billion of COVID Unemployment Money Either Stolen Or ‘Misspent’
In a statement on Monday, the White House replied to Bezos.
“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,” deputy White House press secretary Andrew Bates said.
Bezos wasn’t falling for the subterfuge, and accused the White House of “muddying the topic.”
Now is the time to support and share the sources you trust.
The Political Insider ranks #3 on Feedspot’s “100 Best Political Blogs and Websites.”
2020 was an off-year for humanity, but strangely enough, the Netflix series "Tiger King" which…
By Casey Harper (The Center Square) U.S. Treasury Secretary Janet Yellen said Tuesday that more…
You know where people with criminal intent love to wave guns at people? Places without…
By Casey Harper (The Center Square) Inflation has outpaced wages for nearly two years, federal…
Uncle Joe seemed quite proud of himself after he signed his first veto. This is…
A reporter airing his complaints about White House Press Secretary Karine Jean-Pierre not calling on…