Prices at the pump have bolstered the call by progressives for a windfall profits tax, which Bezos would oppose.
Progressives ripped billionaire Jeff Bezos for his latest defense of corporate profiteering over the weekend in which the Amazon founder and world’s second-richest person criticized a call by President Joe Biden for oil companies to lower the price of gasoline.
On Saturday, Bezos accused President Joe Biden of “misdirection” and ignorance “of basic market dynamic” in response to a from the president which called on companies setting gasoline prices to “bring down the price you are charging.” While Bezos’ comment sparked a sharp response from White House press secretary Karine Jean-Pierre — whopump prices remaining constant despite a steep drop in crude oil prices isn’t “basic market dynamics” but rather “a market that is failing the American consumer” — progressive critics also jumped into the fray.
Warren Gunnels, a longtime aide of Sen. Bernie Sanders and who currently serves as the Majority Staff Director for the U.S. Senate Budget Committee, responded to the back-and-forth between the White House and Bezos by offering a comparative rundown between the current price of gasoline and what it was in 2014:
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