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Amazon’s Bezos slams Biden’s supervisor, says inflation hurts the poor

Amazon founder Jeff Bezos arrives to meet British Prime Minister Boris Johnson at the British diplomatic headquarters on September 20, 2021 in New York City.

Michael M. Santiago | Getty Images News | Getty Images

Amazon Founder Jeff Bezos Tweet on Sunday that inflation is most harmful to the less affluent in the United States, and He criticized President Joe Biden for the second time in a week For his comments on inflation.

“Indeed, the administration has tried so hard to inject more stimulus into an already scorching inflationary economy that only Mansion has saved them from themselves,” Bezos wrote on Twitter. “Inflation is a regressive tax that hurts most of the less affluent. Misguided guidance does not help the country.”

Bezos’ comments came in response to a thread in which President Joe Biden claimed the United States is on track to see the largest annual decline in deficits, totaling $1.5 trillion. Biden also targeted former President Donald Trump, who saw the deficit “growing every year” in office, he wrote.

On Friday, Bezos called President Biden in a tweet saying that taxing rich companies could help bring down inflation. Bezos urged the Disinformation Council to review the tweet.

“It’s OK to discuss raising corporate taxes,” Bezos wrote on Friday. “Taming inflation is critical to the discussion. And merging them together is just the wrong direction.”

In both cases, the president did not explicitly name Amazon He previously commented on the tax record of the e-commerce giant.

Comments from both President Biden and Bezos come like this Inflation in the US is near its highest level in 40 years Federal Reserve officials are looking to raise interest rates to combat this problem.

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