The White House fired back at Jeff Bezos on Sunday evening after the Amazon founder objected to an economic spending package that included taxes on the wealthiest Americans.
It doesn't require a huge leap to figure out why one of the wealthiest individuals on Earth is against an economic agenda for the middle class that cuts some of the biggest costs families face, fights inflation for the long haul, and adds to the historic deficit reduction the President is.
It is unsurprising that the President met with labor organizers, including Amazon employees.
Bezos had criticized the administration of President Joe Biden for trying to pass a social and climate spending package. He argued that it amounted to moreStimulus into an already over-heated, inflationary economy and only Manchin saved them from themselves.
That was a reference to Sen. Joe Manchin of West Virginia, a conservative Democrat who was against the spending plan. Democrats have been unable to revive a smaller version of the package so far, and Manchin has wavered on whether he would back a bill. Democrats cannot approve the plan without his support in the Senate.
TheBuild Back Better plan is different from theStimulus package that Biden signed into law. TheStimulus was meant to be a one-time relief effort to flood the economy with direct payments and unemployment benefits for individuals, aid to state and local governments, and money for public-health systems. The national debt was added because the federal government didn't raise revenue to finance that spending.
Some experts say it made inflation worse. There have been supply-chain disruptions that have contributed to rising prices for groceries and gas.
The plan was supposed to be paid for with tax hikes on the wealthiest Americans. Biden has been focused on repackaging his agenda to combat inflation as well as his labor credentials, while the bill has been on the back burner. He hosted union organizers from Starbucks and Amazon.
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