Even the elitists are now attacking the Biden administration for its catastrophic leadership failure.
For the second time, Amazon and Washington Post owner, Jeff Bezos, criticized the Biden administration on Sunday, saying that inflation is most hurtful to the least affluent in the United States.
“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,” Bezos tweeted.
“Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country,” he added.
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. https://t.co/a8cygcunEG
— Jeff Bezos (@JeffBezos) May 15, 2022
Jeff Bezos’ comments were in response to a thread from Joe Biden claiming that his administration is on track to cut the deficit by $1.5 trillion, allegedly the biggest one-year decline ever. Biden also attacked former President Trump saying under his leadership, the deficit increased every single year.
This is so silly. The deficit is decreasing because we’re not doing pandemic aid anymore, and federal receipts are up because of inflation. Congress, or the Biden administration, didn’t do anything to lower the deficit. https://t.co/kvlLPpsUO9
— Neoliberal 🌐🇺🇦 (@ne0liberal) May 15, 2022
Joe Biden is trying to blame the inflation his administration has caused on corporations. On Friday, Jeff Bezos called him out and said Biden’s new Disinformation Board should look into Biden’s tweet.
He called blaming inflation on corporations “misdirection.”
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. https://t.co/ye4XiNNc2v
— Jeff Bezos (@JeffBezos) May 14, 2022