"When Donald tells us the American economy is great and can withstand anything, he is talking about his own economy. He is talking about the fact that for him, his useless children, and his obscenely wealthy cohorts, everything is just fine."
~ Mary Trump
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/1
Paul Krugman notes that on Sunday, Kuwait shot down three US F-15s in a friendly fire incident. And:
"A new F-15 costs U.S. taxpayers $97 million. So that’s almost $300 million lost in seconds."
As he notes, taxpayers foot the bill.
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/2
https://paulkrugman.substack.com/p/war-is-expensive-for-the-little-people
"It is easy to pay a bill if you’re not using your own money.
That’s the thought that kept ringing through my head as I watched the 'Secretary of War' smirk and chortle his way through a war time press conference wherein he disparaged our allies for 'clutching their pearls' and dismissed what he called 'stupid rules of engagement.'”
~ Michele Hornish
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/3
https://michelehornish.substack.com/p/the-fortunate-son-sends-us-to-war
"The war in the Middle East has plunged financial markets into turmoil for a second day, with oil and gas prices surging, global stock markets slumping and chances of a UK interest rate cut later this month plummeting."
~ Julia Kollewe and Graeme Wearden
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/4
"In the hours before the strike, six newly-created accounts on the prediction market Polymarket raked in nearly $1 million by betting that the U.S. would strike Iran by February 28."
~ Judd Legum, Rebecca Crosby, Noel Sims
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/5
"We will learn at some time in the future that Donald Trump’s war has been all about one thing, his thing, the only thing he has ever cared about: Money.
It’s perfect. He can hear the pile drivers for his ballroom, but he can’t hear the bombs."
~ Lucian K. Truscott
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/6
https://luciantruscott.substack.com/p/i-watched-trumps-medal-of-honor-ceremony
"Americans have short memories, but they do recall that Trump was reelected to accomplish three things: First, to get prices down. ...
Second, he promised to get control of the nation’s southern border. ...
His third promise was to avoid foreign entanglements."
~ Robert Reich
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/7
https://robertreich.substack.com/p/trump-has-no-fcking-idea-what-hes
"Global markets slumped and energy prices spiked amid fears the Iran war will cause prolonged disruption, with U.S. crude jumping more than 13% to its highest since January 2025, international benchmarks surging, U.S. gas prices rising to $3.077 per gallon and expected to climb further," (continued in /9)
~ Aaron Parnas
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/8
https://aaronparnas.substack.com/p/major-news-gas-prices-soar-stocks
Good morning, everyone.
(continued from /8)
"natural gas soaring (including a 40% surge in Europe after QatarEnergy halted LNG production), and stock indexes plunging across the U.S., Europe, and Asia as Iran’s retaliatory strikes, embassy attacks, and the near standstill of shipping through the Strait of Hormuz rattled investors.
The average price of gasoline in the U.S. rose 11 cents overnight to about $3.11 per gallon, according to AAA."
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/9
"A global market sell-off intensified on Tuesday, as Iran expanded its retaliatory attacks around the Persian Gulf region while American and Israeli officials signaled that strikes on Iran could continue for weeks."
~ Joe Rennison and Jason Karaian
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/10
https://www.nytimes.com/live/2026/03/03/world/iran-war-israel-lebanon-trump
The U.S. announced the names of four soldiers who were killed by an Iranian drone on Sunday. President Trump said airstrikes had killed potential new leaders of Iran, leaving it unclear who would run the country.
"Stocks and bonds slipped and oil and gas prices surged. Investors sought havens like the dollar to protect their money from the uncertain and unpredictable effects of the fighting on the world economy."
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/11
"Behold! A $100,000-dollar American missile, launched by a 20 million-dollar plane that flies at a cost of $6000 dollars/hour to kill people who live on less than $3 a day in Iran."
~Jacob Lassiter
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/12
https://xcancel.com/JamesTate121/status/2028599295159480571#m
"Meanwhile in America, Republican lawmakers believe that a $6.20 daily SNAP benefit providing food to a needy person is wasteful spending, so A BIG BEAUTIFUL ACT of legislation was passed to remedy that in order to bolster the economy of the greatest nation in the world."
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/13
"Donald Trump’s illegal, immoral, and unjustified war will cost taxpayers billions and put upward pressure on energy prices and inflation more generally. Purely from an economic standpoint, the war is a disaster. And the inflation picture even before Trump’s war was ominous."
~ Jennifer Rubin
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/13
William Lindsey 
Toni Aittoniemi