Jeff Bezos on Saturday punished President Biden for blaming gas station companies for soaring prices at the bomb, saying the commander-in-chief employed “misdirection” or showed a “deep misunderstanding” of economic fundamentals.
In a tweet on Saturday afternoon, the official presidency account wrote: “My message to companies that run gas stations and set prices at the pump is simple: this is a time of war and global danger.”
“Lower the price you’re charging at the pump to reflect the cost you’re paying for the product,” Biden added. “And do it now.”
On Saturday, the second richest person in the United States criticized Biden’s tweet.
“Ai. Inflation is too important a problem for the White House to continue making statements like this, “said Bezos, founder of Amazon and owner of the Washington Post.
“It’s a direct misdirection or a deep misunderstanding of the basic dynamics of the market.”
Ai. Inflation is too big a problem for the White House to continue making statements like this. It is a direct misdirection or a deep misunderstanding of the basic dynamics of the market. https://t.co/XgKfEICZpk
– Jeff Bezos (@JeffBezos) July 3, 2022 President Biden told reporters that Americans will have to pay high gasoline prices for “the time it takes” for the Ukraine war to end. Susan Walsh / AP Gas prices could rise if hurricane season causes major disruptions for U.S. oil refineries. Nam Y. Huh / AP
The round trip comes when Americans have been paying higher gas prices amid the Russian invasion of Ukraine and inflation in February.
On Thursday, Biden told reporters that U.S. vehicle owners will have to pay high gasoline prices for “the time it takes” for the war to end.
The cost of filling could increase even more.
Jeff Bezos punished President Biden for blaming gas station companies for prices at the bomb. Mandel Ngan / AFP via Getty Images
Gas prices could rise above current record levels to “apocalyptic” heights if hurricane season causes major disruptions for U.S. oil refineries, an industry expert warned last month. past.
Saturday was not the first time the president and an American billionaire had recently been involved in a war of words.
In early June, it was revealed that billionaire Elon Musk has a “super bad feeling” about the U.S. economy under President Biden who planned to lay off about 10 percent of workers at Tesla, his electric car company.
Biden reacted to Musk’s opinion by shooting Musk and his company SpaceX.
“Good luck on your trip to the moon,” Biden said.
This prompted Musk to fire up Twitter with a link to a 2021 NASA press release about SpaceX that won a $ 2.85 billion contract to send the next American astronauts to the Moon.