The simultaneous economic sanctions on Iran and Canada will make everything you buy cost more—if we’re lucky. Administration actions in the past couple of years have been almost deliberately designed to raise prices.
Nuclear weapons spending is soaring, arms-control treaties are collapsing and national leaders are once again threatening mass destruction. Last month Trump promised nuclear weapons to Saudi Arabia, and today is threatening nuclear war against Iran.
Maggie Haberman and Jonathan Swan’s inside account of the Trump administration portrays a president with a vast appetite for power but who repeatedly backs down when the costs of his actions become too high.
“While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big.”
Top officials from the previous Administration now express regret over their failure to rein in Netanyahu. Could have been written any time since spring 2024: "we in the U.S. Government do not see a clear military imperative for continued operations
If the pointless war on Iran is a historical marker equivalent to Suez in ignominy, the question becomes, what do we do with this “Decline of Empire” moment?
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