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By Kyle Anzalone

The credit agency Moody’s has calculated that the war against Iran has cost each American household $750. 
Moody’s chief economist Mark Zandi said that in under three months of war, the cost of the war against Iran has already offset the additional tax breaks Americans received under President Donald Trump’s tax cuts. “As of May 16th, the bigger tax refunds Americans have received this year no longer cover the higher costs of gasoline, diesel, and jet fuel caused by the war,” he wrote on X. 
While the Pentagon has claimed the cost of the war is around $25 billion, Moody’s calculates the costs to Americans are $750 per household or $100 billion in total

What a bargan.

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It would be nice if somehow only the people who voted for stuff had to pay for it.

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What a concept

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56 sats \ 1 reply \ @DP0604 3 Jun

Fiat money is printed without will, and when it is war, even more so, it ends up weakening what little citizens earn, destroying other nations, and bringing death and misery.

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That's why war has always been the issue I care most about.

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Damn, I could've gotten a lego with that.

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Singular? Prices aren't that bad here, yet.

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101 sats \ 1 reply \ @398ja 3 Jun

Sadly, not only Americans, but the rest of the world too is paying for that war, although they have nothing to do with it...

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Other than a few other oil producing countries, America is probably paying the least for it.

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I thought this was Israel's war, not Trump's?

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Follow the oil, the money, the manufacturing and the trade routes. Iran is valuable to America regardless of Israel

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What's the difference?

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6 sats \ 0 replies \ @sirstackalot 3 Jun -42 sats

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