Economist: Don't Listen to Hegseth, Trump's Iran War Will Cost 'Very Possibly Trillions'

[C_Clayton_Jones]

‘University of Michigan professor Justin Wolfers on Friday joined a growing number of economists and other critics casting down on what he called “the Pentagon’s lowball $25 billion estimate” for the cost of President Donald Trump’s illegal war on Iran.
[…]
“Since the start of the war, oil markets have been disrupted, consumer confidence has cratered, the global economy is groaning, and military budgets are growing,” the economist continued. “The toll from this upheaval must be counted in lives disrupted, jobs lost, companies shut down (see: Spirit Airlines), and the income and output sacrificed. The less easily quantified costs—death, disability, and mental health—could become much more dramatic should President Trump send troops into Iran, which still can’t be ruled out.”’

Economist: Don't Listen to Hegseth, Trump's Iran War Will Cost 'Very Possibly Trillions' | Common Dreams

University of Michigan economist Justin Wolfers challenges the Pentagon's lowball $25 billion estimate for Trump's illegal war on Iran.

www.commondreams.org

Hegseth is in fact lying about the costs of the war, of course.

In addition to economic costs and disruptions, there are the costs of lives needlessly lost the consequence of Trump’s failed, illegal war of choice.

 

[Oddball]

Who?

 

[Gabe Lackmann]

When that idiot Hegseth is not bullshitting the press his mouth is firlmy locked onto DT's nutsack like some human remora.
Absolute Ziocuck dead ender.
People ESPECIALLY BOOMERS! have no clue how bad this shit is.
If this stopped right now it would take another 2-3 years before markets found stability again.
Evey refinery, every tanker, every pipeline, every well that is damaged or stopped degrades the petroleum system and is a weight on the global economy.
Trump and the JEWS have truly truly fkd us here.

 

[my2¢]

It doesn't take a PhD to realize that war is expensive.

 

[Nuthin' Fancy]

When that idiot Hegseth is not bullshitting the press his mouth is firlmy locked onto DT's nutsack like some human remora.
Absolute Ziocuck dead ender.
People ESPECIALLY BOOMERS! have no clue how bad this shit is.
If this stopped right now it would take another 2-3 years before markets found stability again.
Evey refinery, every tanker, every pipeline, every well that is damaged or stopped degrades the petroleum system and is a weight on the global economy.
Trump and the JEWS have truly truly fkd us here.

Gullible Trump sure did.
Nutandyahoo was ignored for 30 years,until it took one gullible retard to listen to a warmonger.......

 

[Meister]

I sure wish that Obama would have taken care of Iran the way Trump has.
All these whiners that are calling "foul" would have fallen in line and praised
Obama for doing so.

 

[Winston]

I sure wish that Obama would have taken care of Iran the way Trump has.
All these whiners that are calling "foul" would have fallen in line and praised
Obama for doing so.

It is ironic you say that. From the OP

The US and Israel said they wanted to eradicate Iran’s nuclear program and change its regime. The regime is now composed of more hard-liners than before, and Iran’s nuclear capability has not budged since last summer. Now the two sides are negotiating the opening of the Strait of Hormuz, which was open before the conflict, and the terms of Iran’s nuclear program, which they were negotiating before the conflict. Moreover, the compromise being contemplated involves Iran pausing uranium enrichment in exchange for the US lifting sanctions and unfreezing Iranian funds. That sounds suspiciously like the deal President Obama struck in 2015 that Trump ripped up when he took office, complete with the “bags of cash” sent to Iran that Trump flipped out over back then.