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White House reaches the back at Amazon's Bezos after Biden inflation spat

White House reaches the back at Amazon's Bezos after Biden inflation spat

May 18, 2022: On Monday, The White House reached back at Amazon founder Jeff Bezos after taking a swipe at President Joe Biden in a series of tweets regarding the weekend for his comments on inflation.

On Monday, the exchange started when Biden tweeted without directly referring to Amazon. “You want to bring down inflation? Let’s make sure the wealthiest corporations pay their fair share.”

Bezos responded to Biden’s tweet by accusing him of “misdirection,” arguing that there’s no link between inflation and corporate taxes. Bezos wrote that “Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.”

In April, consumer inflation increased at an 8.3% speed, over the 8.1% Dow Jones assessment and near the highest level in over 40 years.

On Sunday, Bezos criticized the Biden management’s approach to inflation in a tweet. Bezos asserted that inflation is most damaging to the poor. He said the $1.9 trillion American Rescue Plan, which Biden signed into law in the previous March, contributed to a spike in inflation.

White House spokesperson Andrew Bates responded that “it doesn’t require a huge leap to figure out why” Bezos, the world’s second-wealthiest person, would oppose Biden’s suggestion to hike taxes on the ultra-wealthy and corporations.

“Unsurprisingly, this tweet comes after the President met with labor organizers, including Amazon employees,” Bates said.

Bezos responded to the White House’s statement in a tweet, which accuses the Biden administration of trying to “muddy the topic.”

“They know inflation hurts the neediest the most,” Bezos wrote. “But unions aren’t causing inflation, and neither are wealthy people.”

This month, Biden appeared at a meeting with labor organizers, including Chris Smalls, the president of Amazon Labor Union. This grassroots group in April succeeded in organizing an Amazon warehouse on New York’s Staten Island, which marks the e-commerce company’s first union in the U.S.

The Twitter spat represents Bezos and Biden’s first public clash. Bezos was a frequent target of former President Donald Trump in office. Trump criticized Amazon for using the U.S. Postal Service and falsely claimed that The Washington Post is a “lobbyist” for the online retail giant.

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