A Harvard economist calculated exactly how much the Iran war will cost U.S. taxpayers—and it’s staggering |
A Harvard economist calculated exactly how much the Iran war will cost U.S. taxpayers—and it’s staggering
A Kennedy School public policy expert is sharing troubling research on Trump’s military efforts in Iran and over the Strait of Hormuz.
[Images: Staff Sgt. Danielle Sukhlall/U.S. Air Force via Wikimedia Commons, Staff Sgt. Tony R. Tolley/U.S. Air Force via Wikimedia Commons, Adobe Stock]
While wars always come with an added cost to taxpayers, a public policy expert is saying the Trump administration’s military efforts in Iran, which include attacking infrastructure and a blockade of the Strait of Hormuz, could drag on and come with tremendous costs to the American people—and long term, the projections are alarming.
That’s according to Linda Bilmes, a senior lecturer in Public Policy and public finance expert at Harvard’s Kennedy School. She says that the war is already costing about $2 billion a day,........