(FOX BUSINESS) — After President Joe Biden called on companies running gas stations to lower the price of gas, Jeff Bezos accused the U.S. president of misleading the public or said he lacked a “basic” understanding of the forces that actually drive prices.
“Ouch. Inflation is far too important a problem for the White House to keep making statements like this,” Bezos said in a tweet Saturday evening.
In the initial tweet, Biden made a direct appeal to gas stations and encouraged them to simply charge less for gasoline.