Jeff Bezos blasts Biden for trying to blame gas stations for astronomical prices

Joe Biden has been blasted by Jeff Bezos and China for pleading with gas companies to lower their prices to help inflation-battered American.  

The president tweeted Saturday: ‘My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.’ 

The tweet came amid the July 4th holiday weekend where Americans are paying an average of $4.822 for gas.

It was criticized by Amazon founder Jeff Bezos, and even a Chinese government worker who accused the president of undermining the very capitalist principles on which the US economy is founded.  

Bezos said: ‘Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.’ 

President Joe Biden tweeted at the companies running gas stations: 'Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now'

President Joe Biden tweeted at the companies running gas stations: ‘Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now’

The president sent out the message days after telling Americans that they will have to endure high gas prices for as long as it takes Ukraine to defeat Russia

The president sent out the message days after telling Americans that they will have to endure high gas prices for as long as it takes Ukraine to defeat Russia 

The president's message caught the attention of the third richest person in the world, Amazon founder and former CEO Jeff Bezos

The president’s message caught the attention of the third richest person in the world, Amazon founder and former CEO Jeff Bezos

During the 2020 election cycle, Amazon donated $1.7 million to the Biden campaign but the company while donating $164,000 to the Trump campaign

During the 2020 election cycle, Amazon donated $1.7 million to the Biden campaign but the company while donating $164,000 to the Trump campaign

 Biden found apparent support from Chinese state media reporter Chen Weihua.

The communist mouthpiece sent a sarcastic tweet highlighting how Biden was seeking to undermine the principles of supply and demand which dictate prices in a free-market economy like that of the United States. 

Weihua tweeted: ‘Now US President finally realized that capitalism is all about exploitation. He didn’t believe this before.’

The reporter tweeted something similar to Biden in 2021 when he responded to the president’s tweet that read: ‘Let me be clear: capitalism without competition isn’t capitalism. It’s exploitation.’ 

Weihua wrote then: ‘Capitalism is all about exploitation. Period.’ 

Biden's tweet earned praise from Chen Weihua, a reporter and columnist for the state owned China Daily. Weihua is based in Brussels, Belgium

Biden’s tweet earned praise from Chen Weihua, a reporter and columnist for the state owned China Daily. Weihua is based in Brussels, Belgium

Another of those who responded was Texas Senator Ted Cruz who tweeted:’My message to the guy running your teleprompter. It’s YOUR fault. Reverse the dozens of executive orders, regulations & agency actions targeting American energy, and gas prices will fall… FAST. #Bidenflation.’

The president made a similar plea to oil giants in a June 22 speech that read in part: ‘These are not normal times. Bring down the price you are charging at the pump to reflect the cost you are paying for the product.’ 

Biden begging for companies to reduce prices comes shortly after his administration failed to sell even his own party on a 90-day gas tax break.  

According to an NBC report, if the tax break went ahead, the average American would only save 12 cents per gallon. 

As the price of gas continues to skyrocket for American consumers, the Wall Street Journal reported earlier this week that the Biden administration ‘plans to block new offshore oil drilling in the Atlantic and Pacific oceans.’ 

Since March 2022, the president has sought to lay the blame for inflation at the feet of Russian President Vladimir Putin calling inflation: ‘Putin’s price hike.’ 

A Democratic Party strategist told Politico in June that the catchphrase was not resonating with voters saying: ‘It’s not meeting voters where they are. It’s much more important to feel their pain than explain it.’ The article quoted other strategists who said that the phrase sounded more like ‘blame-shifting than problem-solving.’ 

Last money, Federal Reserve Chair Jerome Powell broke with the Biden administration in admitting that inflation was already high prior to Russia invasion of Ukraine in February.  

Although the plan does allow for oil companies to lease drilling areas in the Gulf of Mexico and in Alaska’s Cook Inlet until 2028. 

Back in 2020, while Biden was running for president, his campaign promised to stop new oil and gas drilling on federal land and water. 

In a one-on-one debate with fellow Democrat Bernie Sanders, Biden said: ‘No more drilling on federal lands, no more drilling, including offshore – no ability for the oil industry to continue to drill – period.’ 

Vice President Kamala Harris said on the same day as the president's tweet that lowering gas prices was 'probably' the Biden administration's top priority

Vice President Kamala Harris said on the same day as the president’s tweet that lowering gas prices was ‘probably’ the Biden administration’s top priority

During an appearance at the New Orleans Saturday for the Essence Festival of Culture, Vice President Kamala Harris told WDSU that lowering the price of gas is ‘probably’ the Biden administration’s top priority. 

Harris said: ‘The President and our administration’s probably highest priority is bringing down the price of gas and cost of living.’

Meanwhile earlier this week at a NATO summit in Madrid, Biden said Americans will have to put up with high gas prices for ‘as long as it takes’ due to Russia’s invasion of Ukraine. 

Following those remarks, New York Republican Congressman Andrew Garbarino took aim at the president attempting to blame Russia’s invasion of Ukraine for the price of gas on Fox Business Network’s ‘Mornings with Maria.’

Garbarino also said: ‘In November 2020, gas prices were around 43 — a barrel of oil was $43 a barrel. And now, a month before Putin invaded Ukraine, it was $87. So, it was already doubled in one year of his presidency.’

The congressman went on to call Biden’s excuses ‘a joke.’   

On July 1, Biden economic advisor Brian Deese said that Americans should ‘stand firm’ on paying record-high gas prices because the ‘future of the liberal world order’ is more important. 

‘What do you say to those families that say, ‘listen, we can’t afford to pay $4.85 a gallon for months, if not years?’ the director of the National Economic Council was asked on CNN Thursday.  

‘What you heard from the president today was a clear articulation of the stakes. This is about the future of the Liberal World Order and we have to stand firm,’ he replied. 

Deese added: ‘At the same time, what I would say to that family and Americans across the country is you have a president and an administration that is going to do everything in its power to blunt those price increases and bring those prices down.’

Majority of Americans now want Biden to prioritize tackling inflation over Russia after sending more than $5billion in military aid to Ukraine 

President Biden promised the U.S. would be making sacrifices ‘as long as it takes’ for Ukraine, but a new poll shows public appetite for unchecked support is waning. 

Polling conducted by YouGov shows that 40 percent of Americans think the U.S. should be less involved in conflicts abroad, 12 percent think the U.S. should be more involved and 31 percent think involvement should stay about the same. 

Asked what Biden’s main priority should be right now, 53 percent said lowering inflation or fixing the energy crisis, 8 percent said ensuring a defeat of Russia in Ukraine. 

Forty-six percent said that they oppose the U.S. becoming directly involved in combat in Ukraine, 21 percent neither support nor oppose and 23 percent support the U.S. becoming militarily involved, according to the poll, obtained first by the Washington Examiner. 

Biden has promised not to put boots on the ground in Ukraine.  

Forty-four percent of respondents said they did not approve of Biden’s handling of the war in Ukraine, 36 percent said they approve.  

YouGov sampled 1,000 people from June 23 to June 29.

The U.S. has given almost $60 billion to Ukraine since the Russian invasion – $5.5 billion from the Biden administration, and $54 billion authorized by Congress. That figure does not include the tens of billions worth of American weapons and equipment transferred to Ukraine. 

Concerns have mounted in Congress about the Pentagon’s ability to monitor the sudden influx of cash for Ukraine and to track the thousands of U.S. weapons headed to the nation. 

Meanwhile, Russia has refocused its efforts on Ukraine’s eastern Donbas region. Vladimir Putin said this week there is ‘no use in setting an end date’ to what he calls the ‘special military operation in Ukraine.’ Neither Russia nor Ukraine are likely to want to come to the negotiating table and make concessions any time soon. 

source: dailymail.co.uk