Bezos reignites Biden inflation feud, says president is misdirecting public or misunderstanding market – GeekWire

The inflation debate between President Biden and Amazon founder Jeff Bezos began in Could. (Official White Home Picture by Adam Schultz, and GeekWire File Picture)

Jeff Bezos referred to as out President Joe Biden for telling fuel station homeowners to decrease costs — saying the president’s assertion was “both straight forward misdirection or a deep misunderstanding of fundamental market dynamics.”

The tweet by the Amazon founder referred to as inflation “far too necessary an issue for the White Home to maintain making statements like this.”

The salvo guarantees to revive a debate that began between Bezos and Biden in Could.

Bezos despatched the tweet on Saturday night, in response to a message posted on President Biden’s Twitter account earlier within the day, calling on fuel station homeowners to carry down their costs to replicate their prices.

It’s the most recent instance of Bezos changing into more and more vocal on Twitter, a platform that rival billionaire Elon Musk might find yourself buying.

Bezos’ tweets have historically gone by way of the communications crew at Amazon, however the night tweet on a vacation weekend is the most recent indication that he could also be freestyling on social media in some cases, as effectively.

Bezos stepped down as Amazon CEO final yr however stays govt chairman.

Jay Carney, Amazon’s senior vice chairman for international company affairs, was director of communications for then-Vice President Biden earlier than changing into White Home press secretary for President Obama from 2011 to 2014.

Regardless of that historical past, the connection between the Biden administration and Amazon has been strained, as exemplified by the president internet hosting Amazon union chief Christian Smalls within the Oval Workplace in Could. Biden additionally singled out Amazon in April whereas emphasizing the rights of employees to unionize, saying, “By the best way, Amazon right here we come.”

The Wall Avenue Journal reported in March that Carney “has despatched a sequence of pissed off messages to White Home chief of workers Ron Klain about perceived slights in opposition to Amazon,” citing nameless folks aware of the messages.

The spat over inflation began in mid-Could, when Biden tweeted, “You need to carry down inflation? Let’s make sure that the wealthiest firms pay their justifiable share.”

Bezos tweeted in response, “The newly created Disinformation Board ought to evaluation this tweet, or perhaps they should type a brand new Non Sequitur Board as a substitute. Elevating corp taxes is ok to debate. Taming inflation is vital to debate. Mushing them collectively is simply misdirection.”

After the White Home attributed Bezos’ criticism to his standing as “one of many wealthiest people on Earth,” and to Biden’s assist of Amazon union organizers, Bezos once more referred to as out the White Home for misdirection.

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