Lesson from the Iran War #42,765: Making Enemies Makes Us Poorer
The war with Iran is not only a humanitarian crisis but a costly economic shock, raising prices, straining global supplies, and locking the US into higher military spending for years.
CEPR Sanctions Watch March 2026
Trump administration allows limited Iranian and Russian oil sales, and eases certain Venezuela sanctions. Meanwhile, the US blockade on Cuba chokes the island’s economy and population, a policy that recent polling indicates many US Americans oppose.
$200 Billion: The Costs of the Iran War
The Trump administration reportedly wants $200 billion for its war on Iran. Over the past year, they have cut spending — mostly on health care and food assistance — equal to that amount.
What Donald Trump’s Iran “Excursion” Cost Our Former Allies
The war with Iran is portrayed as an economic shock to US allies—raising energy costs, straining economies, and offering little clear benefit—undermining claims that other countries should be thankful for the conflict.
$200 Billion for Trump’s Iran “Excursion” Is Real Money
Trump’s proposed $200 billion for war in Iran represents a significant share of the federal budget, far exceeding commonly debated spending items and highlighting how misleading raw dollar figures can be without context.
The US Attacked Iran to Show Its Power but the War Is Already Lost. Epic Fury Looks Like an Epic Fail
The US-Israeli war on Iran is already lost for the United States. Even if Iran is militarily defeated, it is unlikely the United States’ political objectives will be achieved. And, on balance, the United States will come out weakened from this war.
Trump Agrees with Mark Carney: The Old Order is Very Dead
Trump’s unilateral war on Iran signals the end of the U.S.-led world order and forces allies to reconsider security, trade, and global partnerships.
When Pete Hegseth Says “Lethality” He’s Talking About Killing Iranian School Girls
Relaxed rules of engagement under Pete Hegseth are blamed for increasing civilian casualties, including a deadly strike on an Iranian girls’ school.
(Los Angeles Times) Trump’s War in Iran Is Already Hurting Him at Home
Support for the United States’ war against Iran is already unusually low, while the administration’s justifications have shifted from day to day. As Congress prepares new war powers votes, pressure is building in Washington to challenge the president’s authority to wage war without congressional consent.
Little Boy Trump Goes to War
Trump’s Iran war has been marked by shifting rationales, little preparation, and growing economic and geopolitical risks for the United States and its allies.
