Washington hits back at Bezos over Biden criticism — Analysis

According to the White House, Amazon’s founder supports corporations that exploit ordinary Americans.

Washington took aim at Jeff Bezos. Bezos had previously criticized Joe Biden for appealing to oil companies to reduce gasoline prices. According to Karine Jean Pierre, White House Press Secretary Karine JeanPierre, Amazon’s founder seems to be in favor of a market that permits corporations to exploit ordinary Americans and fails the American people.

Bezos says Biden is not grasping the concept of power, as he did earlier blast Biden. “basic market dynamics.”The president called on Saturday for companies that run gas stations in the US, to “bring down the price.”Amazon’s founder pointed out inflation and argued that it was “far too important a problem”The White House cannot expect such actions from the industry. 

Bezos rips into Biden over inflation plea

“That’s not ‘basic market dynamics’,” Jean-Pierre arguedAccording to him, oil prices have dropped about $15 in the last month and gasoline prices are not reflecting that.

“It’s a market that is failing the American consumer,”She said this in a Tweet. Jean-Pierre continued by saying that Bezos was not surprising, as he remains the richest person on the planet. This is behind Elon Musk (Tesla and SpaceX) CEO Elon Tesla, Berard Arnault (France Fashion and Cosmetics Magnate), and others.

“It’s not surprising that you think oil and gas companies using market power to reap record profits at the expense of the American people is the way our economy is supposed to work,”White House spokesperson said. Bezos so far has not commented on these words.

US fuel prices surge past record mark

It’s not the first time the Amazon founder has sparred with the White House. He accused Washington, in mid-May of stimulating further. “an already overheated, inflationary economy.”Bezos was previously charged by the White House with opposing higher taxes for rich Americans.

As gasoline prices rose to a new record high of $5 per gallon, the latest row is likely. Biden blamed Russia for its continued military operations in Ukraine. Biden also declared in June that the US would support Kiev through economic hardships.

Rasmussen polled Americans last month and found that 11% thought Moscow was to blame. However, more than half of them pointed fingers at the White House.

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