Wall Street

Jon Talton: Jeff Bezos adds his own misdirection on the inflation debate

Published by
The Seattle Times

It’s not unprecedented for titans of industry to attack presidents. Henry Ford was so outraged over former President Franklin Roosevelt’s Hundred Days of initial policies to address the Great Depression that he huffed FDR’s “particular genius is to try to run other people’s businesses.” Ford much preferred the laissez-faire of Presidents Calvin Coolidge and Herbert Hoover. When the collapse came, Ford said, “The Depression is a good thing generally. Let them fail. Let everybody fail! I made my fortune when I had nothing to start with, by myself and my own ideas. Let other people do the same.” …

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