From DailyWire.com…
Amazon founder Jeff Bezos slammed Democrat President Joe Biden on Sunday for trying to claim that his administration had lowered the deficit amid skyrocketing inflation.
Bezos’ remarks come after the Bureau of Labor Statistics released statistics last week that showed that the Consumer Price Index increased 8.3% in April from a year ago, which is higher than the projected 8.1%.
“Under my predecessor, the deficit increased every single year,” Biden claimed over the weekend on Twitter. “This year, we’re on track to cut the deficit by $1.5 trillion – the biggest one-year decline ever. It matters to families, because reducing the deficit is one of the main ways we can ease inflationary pressures.”
The Neoliberal Project responded to Biden’s tweet by writing: “This is so silly. The deficit is decreasing because we’re not doing pandemic aid anymore, and federal receipts are up because of inflation. Congress, or the Biden administration, didn’t do anything to lower the deficit.”
Bezos responded to the Neoliberal Project’s tweet and accused Biden of again trying to deceive the public.
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,” Bezos wrote. “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
— Jeff Bezos (@JeffBezos) May 15, 2022
