August 13, 2022

The Catholic Transcript

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Amazon owner criticizes Biden's call for gas stations to cut prices

Amazon owner criticizes Biden’s call for gas stations to cut prices

Amazon owner Jeff Bezos criticizes Biden’s call for stations to cut prices. Operation: Blue Origin

US President Joe Biden has been criticized by Amazon owner Jeff Bezos for issuing an order pressuring gas station companies to cut prices “immediately”. In his comment, Bezos accused the president of “confusion” or “deep misunderstanding” regarding the reasons behind the fuel surge.

Biden’s speech on Saturday(2) came on his Twitter: “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. And do it now.”

On the same day, the owner of Amazon responded on the social network. Inflation is a very important issue for the White House to continue to make statements like this. It’s either a direct misdirection or a profound misunderstanding of fundamental market dynamics,” he posted.

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