Jack Dorsey castigates Democrats and Republicans for their failing public

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Twitter Inc. TWTR founder and Block Inc. SQ CEO Jack Dorsey reacted to inflation figures coming Monday and said in a social media post that both sides had wasted opportunities to build trust with the public.

What happened: Dorsey said Republican and Democratic administrations let the public down because of flaws in the system.

Every administration, Republican or Democrat, has the ability to build trust with the public.

Instead, every time they choose deception and zero accountability. It’s not the party, it’s the system. https://t.co/sxLJTkPkSn

—jack (@jack) April 12, 2022

Dogecoin DOGE/USD co-creator Billy Marcus in response, he said he considered one part good and the other “not good”, but now thinks both are “garbage”.

I was part of the “one party is good and the other is not good” brainwashing that everyone picks up by osmosis according to their social circle

now i firmly think both sides are rubbish

—Shibetoshi Nakamoto (@BillyM2k) April 12, 2022

See also: How to Buy Twitter Shares (TWTR)

Why is this important: Political commentator and former spokesperson for the President barack obama, Tommy Vietor, called Dorsey’s take on both sides lazy and lacking in critical thinking. He said the Block CEO could spend more time “peddling the new ‘system’ of cryptocurrencies that will make you rich (again).”

Dorsey replied that he had “no interest” in making money, but was aiming to make it happen. He added that he also had no interest in cryptocurrencies.

I have no interest in making money. I have every interest in fixing it. I also have no interest in cryptocurrencies.

—jack (@jack) April 12, 2022

Economists, polled by Reuters, expect aggressive rate hikes from the U.S. Federal Reserve as the central bank moves to tackle rising inflation.

Price action: Twitter shares closed 1.7% higher at $47 in the regular session on Monday and fell 0.3% to $46.68 in after-hours trading, according to data from Benzinga Pro. .

Read more : Michael Burry of ‘The Big Short’ Fame Takes Note of Rising S&P 500 Price-to-Sales Ratio

Photo: Courtesy of Mark Warner at Wikimedia

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