{"id":1541729,"date":"2022-07-06T15:20:11","date_gmt":"2022-07-06T19:20:11","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1541729"},"modified":"2022-07-06T15:20:40","modified_gmt":"2022-07-06T19:20:40","slug":"bezos-white-house-misleading-public-or-misunderstands-market-basics","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bezos-white-house-misleading-public-or-misunderstands-market-basics\/","title":{"rendered":"Bezos: White House misleading public or misunderstands market basics"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbezos-white-house-misleading-public-or-misunderstands-market-basics%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1541729&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2353308\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2353308\" class=\"size-full wp-image-2353308\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/GettyImages-450831356-2.jpg\" alt=\"SEATTLE, WA - JUNE 18: Amazon.com founder and CEO Jeff Bezos presents the company&#039;s first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&#038;T service.  (Photo by David Ryder\/Getty Images)\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/GettyImages-450831356-2.jpg 1024w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/GettyImages-450831356-315x210-1.jpg 315w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/GettyImages-450831356-655x437-1.jpg 655w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/GettyImages-450831356-768x512-1.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-2353308\" class=\"wp-caption-text\">Amazon.com founder and CEO Jeff Bezos presents the company\u2019s first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&#038;T service. (Photo by David Ryder\/Getty Images)<\/p>\n<\/div>\n<h5>OAN NEWSROOM<br \/>UPDATED 11:31 AM PT \u2013 Wednesday, July 6, 2022<\/h5>\n<p>The White House denied accusations made by billionaire Jeff Bezos in which he claimed President Joe Biden is misleading the public over gas prices. On Monday, Press Secretary Karine Jean-Pierre dismissed this claim that the administration\u2019s handling of inflation is either \u201cmisdirection or deep misunderstanding of basic market dynamics.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It\u2019s either straight ahead misdirection or a deep misunderstanding of basic market dynamics. <a href=\"https:\/\/t.co\/XgKfEICZpk\">https:\/\/t.co\/XgKfEICZpk<\/a><\/p>\n<p>\u2014 Jeff Bezos (@JeffBezos) <a href=\"https:\/\/twitter.com\/JeffBezos\/status\/1543409762867494912?ref_src=twsrc%5Etfw\">July 3, 2022<\/a><\/p>\n<\/blockquote>\n<p>Bezos, founder of Amazon, was criticizing Biden for telling gas station owners to lower the cost of fuel themselves.<\/p>\n<blockquote>\n<p><strong>\u201cAs you know, we we completely disagree with Jeff Bezos,\u201d said Jean-Pierre. \u201cLook, we will continue to call on everyone along that distribution chain, as I just mentioned, from oil companies to refineries to district distributors to to retailers to pass their local lower cost through to consumers. That is what is important to make sure that we should not make, again, consumers pay first and get back and get that relief last.\u201d<\/strong><\/p>\n<\/blockquote>\n<p>National average gas prices sit at $4.80 a gallon, which is 53 percent higher than a year ago, according to AAA data.<\/p>\n<h4>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/biden-admin-continues-attacks-on-supreme-court-dhs-warns-of-violence\/\">Biden Admin. Continues Attacks On Supreme Court, DHS Warns Of Violence<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com founder and CEO Jeff Bezos presents the company\u2019s first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&#038;T service. (Photo by David Ryder\/Getty Images) OAN NEWSROOMUPDATED 11:31 AM PT \u2013 Wednesday, July 6, 2022 The White House denied &hellip;<\/p>\n","protected":false},"author":79,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1541729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1541729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1541729"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1541729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1541729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1541729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1541729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}