It’s uncommon to see Elon Musk and Jeff Bezos agree on issues.
The former is the richest man on this planet with an estimated fortune of $209 billion as of June 14, in keeping with Bloomberg Billionaire Index.
The second is the second richest man on the planet. His fortune is estimated at $126 billion.
Musk and Bezos conflict particularly within the conquest of area through their respective firms SpaceX and Blue Origin.
The two males even have to date had totally different kinds. Musk is a brawler and a go-getter. Nothing animates him however to impress controversies. He solutions tit for tat and doesn’t again down from any opponent. In addition, Musk likes to struggle his fights in public, on the social community Twitter which he’s additionally within the strategy of buying.
Bezos was recognized for his discretion and really hardly ever displayed his opinions. The founding father of Amazon (AMZN) – Get Amazon.com Inc. Report has usually ignored the assaults of politicians, particularly ex-president Donald Trump who had made Bezos and Amazon his favourite targets.
The Two Billionaires Agree Now on Different Topics
But just lately, the 2 tech tycoons appear to have put apart their variations and their bickering on vital matters. Last month, they agreed, as we reported, on a non-public sector resolution to assist clear up San Francisco’s homeless drawback.
“Convert Twitter SF HQ to homeless shelter since no one shows up anyway,” Bezos tweeted to Musk on April April 9. He referred to an analogous resolution Amazon applied in Seattle.
“Great idea,” Musk responded.
Bezos has since grow to be a bit extra energetic on Twitter and appears to be copying Musk. Indeed, the mogul has been interacting for a number of days together with his 4.3 million followers and provides his opinion on numerous topics. Above all, he has grow to be extra combative within the face of politicians and particularly President Joe Biden, whom he has not stopped criticizing in latest days.
“The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,” Bezos commented after Biden mentioned on May 13 that to carry down inflation wealthiest companies ought to pay their fare share.
Scroll to Continue
“Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection,” Bezos added.
The subsequent day, Bezos criticized the Biden administration because the president sought to take credit score for deficit discount. The former Amazon boss could not swallow this and identified that Democrats have been attempting to pump extra stimulus into the financial system as costs soared.
“In fact, the administration tried hard to inject even more stimulus into an already over-heated, inflationary economy and only Manchin saved them from themselves. Inflation is a regressive tax that most hurts the least affluent. Misdirection doesn’t help the country,” Bezos wrote on May 15.
The Government Is the Problem
Bezos does not appear to wish to cease anymore. He appears to love this new Biden opponent go well with that Musk additionally likes to put on. While shoppers are nonetheless confronted with inflation at its highest for greater than 40 years, the 2 billionaires have simply recognized a wrongdoer.
For Musk and Bezos, it was the stimulus to assist shoppers on the time of the pandemic that prompted the inflation. Basically, the accountable wrongdoer for the surge of your latest grocery retailer receipts is the federal authorities.
“Look, a squirrel! This is the White House’s statement about my recent tweets. They understandably want to muddy the topic,” Bezos attacked on May 16. “They know inflation hurts the neediest the most. But unions aren’t causing inflation and neither are wealthy people.”
“Remember the Administration tried their best to add another $3.5 TRILLION to federal spending. They failed, but if they had succeeded, inflation would be even higher than it is today, and inflation today is at a 40 year high.”
Asked hours later about Bezos’ criticism, Musk appeared to agree together with his billionaire peer.
“The honest reason inflation is that the government printed a zillion amount of more money than it had,” the serial entrepreneur mentioned throughout a video look on the All-In Summit in Miami Beach, in keeping with a video posted on Twitter.
“I think @JeffBezos is mostly wrong in his recent attack on the @JoeBiden Admin. It is perfectly reasonable to believe, as I do and @POTUS asserts, that we should raise taxes to reduce demand to contain inflation and that the increases should be as progressive as possible,” former Treasury Secretary Larry Summers, now a Harvard professor, commented. Summers has been warning in regards to the rising threat of recession.
Musk and Bezos have in frequent that they’re concerned in two firms — Tesla and Amazon — which can be anti-union. But the Biden administration is pushing for a revival of unionism in huge firms and thus supporting workers who attempt to kind unions.
Source: www.thestreet.com