Amazon founder Jeff Bezos has humiliated Joe Biden by mocking the Democrat president’s “deep misunderstanding of market dynamics.”
Bezos was responding to a post on social media about inflation from Biden’s official account.
In response, Bezos said Biden either doesn’t understand inflation or his comments are “straight-ahead misdirection.”
Biden said:
“My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
“Bring down the price you are charging at the pump to reflect the cost you’re paying for the product.
“And do it now.”
My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.
— President Biden (@POTUS) July 2, 2022
Enter Jeff Bezos who said: “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.”
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
This is not the first time Bezos mocked Biden.
He said earlier of Biden and the White House:
“Look, a squirrel!
“This is the White House’s statement about my recent tweets.
“They understandably want to muddy the topic.
“They know inflation hurts the neediest the most.
“But unions aren’t causing inflation and neither are wealthy people.
“Remember the Administration tried 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.
“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.”
With all due respect, Mr. President, this is dumb as hell
— litquidity (@litcapital) July 2, 2022
