Monday 16 May 2022 07:55 PM Bezos mocks Biden administration for trying to distract from 'failed' $3.5T ... trends now
Amazon founder Jeff Bezos kept up his attacks on the Biden administration on Monday, hitting back to accuse it of using distraction tactics after officials said he opposed its economic agenda because it would mean he paid more tax.
It came a day after the world's second richest man said inflation would be even worse if President Joe Biden had got his way and pushed through trillions of dollars more in public spending.
A White House spokesman said it was not surprising that one of the world's richest individuals might object to an economic plan that raised taxes on the super wealthy.
The result was another Twitter attack from Bezos, as he repeated his criticism of Biden's huge Build Back Better spending plans.
'Look, a squirrel! This is the White House's statement about my recent tweets,' said Bezos, above a posting of a spokesman's comments.
'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.'
The world's second richest man Jeff Bezos kept up his attacks on the White House on Monday, claimed it was trying to distract from its economic failures by blaming wealthy individuals for inflation after an administration spokesman suggested Bezos opposed its agenda because it would mean he would have to pay more tax
Bezos said inflation would be even worse if Biden's multi-trillion-dollar Build Back Better agenda had been passed
His comments marked the latest salvo in a back and forth with the White House, over spending plans and taxation.
He was responding to an attack by White House spokesman Andrew Bates.
'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,' he told the Washington Post.
'It's also unsurprising that this tweet comes after the president met with labor organizers, including Amazon employees.'
Amazon employees last month won a bitter battle to force the online retailer to recognize their union.
The White House was responding to Bezos after he argued that the inflation crisis could have been made worse if not for West Virginia Senator Joe Manchin refusing to vote for further COVID stimulus.
'The administration tried hard to inject even more stimulus into an already over-heated, inflationary economy and only Manchin saved them from themselves,' Bezos wrote. 'Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country.'
Bezos appeared to be referring to Manchin's efforts to shut down Biden's Build Back Better agenda, as well as further COVID stimulus payments at the beginning of Biden's administration.
Amazon founder Jeff Bezos once again went after President Joe Biden for the White House's policies regarding inflation and taking credit for deficit reduction in a tweet on Sunday
'The administration tried hard to inject even more stimulus into an already over-heated, inflationary economy and only Manchin saved them from themselves,' Bezos wrote. 'Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country'
Just a day earlier, Bezos asked the Biden Administration's new Disinformation Board to review
