Jeff Bezos calls on Biden’s new disinformation board to review his tweet about inflation 

Amazon founder Jeff Bezos has asked the new Biden Administration Disinformation Board to review the president’s tweet in which he claims rising inflation could be controlled by raising corporate taxes.

Joe Biden, who has faced criticism for the highest rates in 40 years reaching 8.3 percent, tweeted Friday that taxing corporations more would help ease economic strain on Americans.

‘Do you want to lower inflation? Let’s make sure the richest corporations pay their fair share,” Biden tweeted.

Bezos responded within hours, claiming that the president was conflating two separate issues that only amounted to misdirection, and should be held accountable to the Department of Homeland Security’s Disinformation Board.

“The newly created Board of Disinformation should review this tweet, or they may need to form a new Non Sequitur Board instead,” Bezos tweeted.

It’s okay to discuss raising taxes on businesses. Taming inflation is essential to discuss. Smashing them together is just misdirection.

The Disinformation Board was established last month to combat the spread of disinformation in minority communities and to provide communities with resources and tools to help prevent people from being radicalized into violence.

However, the board has come under fire as it was established ahead of the 2022 midterm elections, where the president’s party is expected to suffer heavy losses, and appears hypocritical as the Biden administration has been criticized for trying to turn things in your favor.

The administration had previously claimed that the war in Ukraine was causing inflation and gasoline prices to spike even though both were already significantly high before Russia’s invasion.

Instead of corporate taxes, interest rates have been seen as the key figure to control to reduce inflation.

The Federal Reserve has begun raising interest rates to curb lending and spend enough to cool inflation after the height of the pandemic.

“Inflation is too high and we understand the difficulties it is causing, and we are moving quickly to bring it down,” Fed Chairman Jerome Powell said earlier this week.

In an interview with Market on Thursday, he was asked what he would say to someone who will lose their job or miss out on a pay raise as the Fed tries to stifle inflationary spending.

‘So I would say that we fully understand and appreciate how painful inflation is, and that we have the tools and the determination to bring it down to two percent, and that we will.

“I will also say that the process of bringing inflation down to two percent will also include some pain, but ultimately the most pain would be if we didn’t manage to deal with it and inflation took root in the economy at high levels.” , and we know how that is.

And that’s just people losing the value of their paycheck due to high inflation and ultimately we would have to go through a much deeper recession. And so we really have to avoid that.’

Wednesday’s Labor Department report said the consumer price index rose 0.3 percent in April from a month earlier, an increase of 8.3 percent from a year earlier, compared with an increase of 8 .5 percent from March.

The food index rose 9.4 percent from a year ago, the biggest 12-month increase since 1981, and the energy index soared 30.3 percent from a year earlier.

Excluding volatile food and energy prices, so-called “core” inflation came in at 6.3 percent in the 12 months ending in April, down slightly from March’s 6.5 percent annual rate.

However, in a worrying sign that inflation is becoming more entrenched, core prices rose 0.6 percent from March to April, double the 0.3 percent rise from February to March.

Those increases were fueled by rising prices for airline tickets, hotel rooms and new cars. Rental costs have also increased considerably.

Along with inflation, Biden has come under fire for establishing the Disinformation Board, which pits ‘Orwellians’ against ‘un-Americans’.

House Republican Leader Kevin McCarthy said Wednesday that Democrats want to control what information Americans can access through the new board.

‘Don’t they trust Americans enough to want to control much of our lives?’ questioned the Republican leader of the House during a press conference on the new Homeland Security board.

“We watched it over and over again,” McCarthy continued. ‘Why would they want to control information? Because they don’t want you to know the truth.

He claimed that Democrats are trying to hide information pushed by the right, which leftists probably consider all conspiracies. McCarthy says this includes distracting from record inflation and the facts surrounding COVID-19.

Republicans immediately denounced the new board, headed by so-called Russian disinformation expert Nina Jankowicz, as the dystopian “Ministry of Truth” from George Orwell’s 1984 novel.

“The President’s Ministry of Truth is an anti-American abuse of power,” McCarthy said during a news conference with other Republican lawmakers, including pro-MAGA Representatives Lauren Boebert of Colorado and Jim Jordan of Ohio.

Boebert told the Capitol news conference on Wednesday: “Make no mistake, free speech is under attack here in America.”

The head of the board, Nina Jankowicz, has also come under fire from Republicans for a series of earlier comments that clearly show her bias against Donald Trump and her now discredited claims about ties between the former president’s campaign and Russia.

“She actively promoted information that was false,” McCarthy said of Jankowicz, stating that her new “role” is to “monitor information” and decide what Americans should believe to be true.