Jeff Bezos, the founder of Amazon, ramped up his criticism of President Joe Biden on May 15, stating that the “misdirection” coming from the White House is not helping the country.
Bezos, like many economists, slammed the administration’s attempts to stoke an already overheated economy with further stimulus. He said inflation mostly harms the poor.
“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,” he wrote on Twitter. “Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country.” 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
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