Biden was beaten for business, and there was terror in the C group.

Initially, Sleepy Joe’s sleepwalking routine was rolling in some of the top business leaders; Old Joe may have missed one or two steps, but at least he wasn’t tweeting bad things like the last person.

In the name of President Bernie Sanders, did he save corporate America from the socialist revolution?

Now, as our economy enters a period of high inflation and recession, the shock of the C-suite is evident.

Biden has a vague understanding of economic issues and, perhaps even worse, has appointed many people to key positions that have been severely and dangerously unprepared. The administration is unable to deal with the tsunami caused by careless costs, cold regulations and continued inflation.

So, Abismal is the economic knowledge of Biden and his administration, and the business leaders who support him are intensifying their attacks on the folly of public policy.

And the criticism is growing beyond the reach of unconventional suspects, such as Elon Musk, who has called Teleson’s “anti-divisive and hateful party” a mockery of Texan’s executive.

Now Amazon’s founder Jeff Bezos is screaming. Mind you, this is the same Washington Post owner, Jeff Bezos, not the right wing.

What caught his attention was Biden’s mindless class warfare that greedy oil refineries were killing consumers and “lower the price on the pump to reflect the cost of production.

Biden’s guest logic seems to be that most of the country’s gas stations are owned by refineries. Even at the beginning of the crisis, oil prices are rising sharply, and people are paying too much.

Thin margins

But Sleepy Joe Big Oil missed a note that only owned a portion of the country’s gas stations; Most moms and dads are small businesses. They are working on thin margins and are being hit by the turmoil in the oil market so they can’t reduce the price we pay for the pump for a moment.

That’s why Bezos said on Twitter that Biden’s clever remarks reflect “either a direct wrong direction” or a “deep misunderstanding of fundamental market trends.” As Bezos himself put it:

Jamie Dimon, CEO of JPMorgan, the country’s largest bank, is definitely not wearing a hat. The Biden administration leads a highly-run bank, so there are many opportunities to criticize the president and their economic solutions.

Unless, of course, Dimon thinks those drugs are economically toxic. In his annual letter to shareholders, Dimon first stated that Biden’s $ 1.9 trillion target was aimed directly at the fast-paced post-colonial economy.

More recently, with these low interest rates – Biden and the people have long supported the federal government – Dimon is setting up an inflation forum, which is a dangerous middle ground tax.

Now that the federation has finished raising interest rates, inflation may be reduced, but there may be an economic downturn, such as a “hurricane. . . On the same road and on our way.

“We don’t know if it’s a small or a super storm Sandy. You’d better do it yourself. ”

all right!

BlackRock Bell

For my money, the biggest source of corporate America anger at Joe Biden’s economic chops came from Blackrock, the world’s largest financial institution. Typically a strong partner, former BlackR executives can be found anywhere in Biden’s management.

But Gary Gensler, chairman of the Biden Securities and Exchange Commission, said he now wanted to force all companies to disclose all aspects of their carbon footprint.

High inflation and social instability are the result of the country’s rapid transition to a zero-carbon footprint, according to activists in the administration. The orders could hurt the economy because “shocking advertising requirements. . . In a letter to the SEC, BlackRock said it could deprive US public providers of their first public offerings or private US companies.

My point is that as the train wrecks continue, the number of executives of large banks and other companies is calling for President Biden and his mismanagement of the economy. Yes, they supported him, but at the time, they seemed to be finding someone with only half a clue.

And if there is one thing I know about these people that we have covered for 30 years, the one thing they hate to associate with the loser is that we have to sleep in the White House.