Economy

28

Oct

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Economy, ElectionAbdul El-Sayed, David Kramer, Detroit, Donald Trump, Elissa Slotkin, Haley Stevens, Iran, Israel, JD Vance, Joe Scarborough, Kristen Welker, Michigan, Mike Rogers, Port Huron, strait of hormuz

Mike Rogers Called Trump’s Iran War a ‘Win’ — Michigan Families Are Paying the Bill

I have spent my adult life in uniform. Again and again, I have watched men die for decisions by people who never carried a rifle. So when I see Mike Rogers preening about a war he championed, I feel cold disgust. Rogers is the Republican nominee for the Senate from Michigan. He is also a shameless enabler of Trump’s Iran war. In April 2026, Rogers called that war a historic chance for peace. He called it “the best opportunity for peace in the Middle East I’ve ever seen” and described Iran as “absolutely a toothless wonder.” He called the war…

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26

Oct

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Economy, ElectionAshley Hinson, Declan Coady, Donald Trump, Drake University, Iowa, Iran, Jeffrey O’Brien, Kuwait, Waukee, West Des Moines, White House, Zach Nunn

The Price People Pay: Ashley Hinson Betrayed Iowa Families for Trump’s War on Iran

I have watched politicians run from their records for decades. I have rarely seen one sprint with such unseemly desperation. Ashley Hinson is now running for the Senate in Iowa. She is trailing badly. Consequently, she has discovered a sudden horror of Trump's war on Iran. She says Iowans are being “squeezed” and “shouldn’t have to foot the bill at the pump or the checkout line”. That is rich coming from a woman who voted seven times to keep the meter running. In private, she admitted the war is a “political liability” because “we’ve lost Iowa soldiers”. In public, she…

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22

Oct

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Economy, ElectionAmerica, Bowling Green State University, Cleveland, Donald Trump, Iran, Israel, Jon Husted, middle east, Ohio, Pentagon, Persian Gulf, Senate, Sherrod Brown, strait of hormuz, Tehran, Washington DC

Ohio’s Senate Race: Jon Husted and the Disaster of Trump’s War on Iran

I have watched Jon Husted for some time now. I find his political persona utterly repellent. He presents himself as a sober, moderate voice from the heartland. Nevertheless, his voting record reveals a deeply troubling reality. On September 24, the Senate considered a war powers resolution aimed at ending Trump’s War on Iran. That measure would have directed Trump to end it. The resolution failed by a single vote, 49 to 50. Husted was the fiftieth vote. He had told Politico just two days earlier that the war “needs to come to an end as quickly as possible”. Yet, when…

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20

Oct

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Economy, ElectionAlaska, Alaska Beacon, Alaska Democratic Party, Beijing, Canada, China, Dan Sullivan, Donald Trump, Iran, Lisa Murkowski, Mary Peltola, National Oceanic and Atmospheric Administration, NOAA, United States, Washington, White House

Dan Sullivan Faces Growing Criticism Over Support for Trump Policies

Republican Sen. Dan Sullivan of Alaska increasingly faces growing criticism over his close alignment with President Donald Trump, as some administration policies increasingly draw scrutiny for their impact on the state’s economy. The criticism is particularly strong within Alaska’s fishing industry, a sector that depends heavily on international trade. While Sullivan has presented his relationship with Trump as an advantage for Alaska, opponents argue that his support for Trump policies has sometimes come at the expense of the state’s economic interests. One of the clearest points of disagreement involves Trump’s tariff policies. Sullivan has continued to back the administration’s approach…

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05

Oct

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Economy, ElectionAAA, Abdul El-Sayed, CBS Detroit, Democratic Party, Detroit, Donald Trump, Iran, Michigan, Michigan Democratic Party, Mike Johnson, Mike Rogers, Republican Party, Senate, strait of hormuz, United States

Mike Rogers Breaks with Trump as War Against Iran Drives Up Costs for Michigan Voters

Republican Senate candidate Mike Rogers is increasingly trying to distance himself from Donald Trump’s handling of the war in Iran, as rising fuel prices put growing pressure on Republican candidates heading into the November midterm elections. Rogers’ latest call for a rapid end to the war against Iran marks a notable shift from his earlier willingness to give Trump broad authority to continue the conflict. “The war with Iran needs to end, and end quickly,” Rogers said in a campaign video posted on September 21, adding that “Michigan families can’t afford to wait.” He also argued that ending the war…

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22

Sep

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Economy, WarAramco, Bab al-Mandab, Donald Trump, iraq, Riyadh, Sanaa, Saudi Arabia, United States, Yahya Saree, Yanbu, Yemen

Saudi Aggression, Uncle Sam’s Complicity: Yemeni Missiles Shatter Trump’s Middle East Strategy

After Saudi Arabia escalated its attacks on Yemen, Yemen’s armed forces launched two special missile and drone operations targeting sensitive sites in Riyadh and Aramco facilities in Yanbu. With Saudi oil infrastructure and shipping lanes under growing pressure, Riyadh has turned to the United States and Israel for more support—proof that Trump’s Middle East strategy has become a lifeline for a Saudi war machine that Yemen’s armed forces are now hitting at will. Recent developments in the Yemen–Saudi conflict—part of the wider regional war—show again that the balance of power has shifted. What once looked like one-sided Saudi military and…

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18

Sep

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EconomyChina, Donald Trump, Iran, Islamic Republic of Iran, Masoud Pezeshkian, middle east, Pentagon, Persian Gulf, Russia, strait of hormuz, Tehran, United States, Washington, White House

Not a Quick War: Six Months Into the Iran War, Costs for the U.S. Are Mounting

More than six months into the Iran war, the United States continues to fight a major military confrontation with Iran, and the conflict is proving far more difficult and expensive than the Trump administration initially expected. What the Trump administration presented as a relatively short operation has now developed into a prolonged war, creating growing financial, military, and political problems for Washington. When President Trump authorized the campaign in February, the administration appeared to expect a rapid outcome. The administration based the strategy on the assumption that intense military pressure could force Tehran to surrender its strategic capabilities and perhaps…

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07

Sep

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EconomyDonald Trump, Dow Jones, Federal Reserve, Iran, IRGC, Kevin Warsh, Kharg Island, Nasdaq-100, Nikkei 225, S&P 500, strait of hormuz, Trump, US Central Command, White House

Trump Escalates Iran Threats as U.S. Markets Brace for Fallout

U.S. President Donald Trump escalates Iran threats, warning that he could blow the country’s key oil terminal on Kharg Island to “smithereens” as tensions between Washington and Tehran rise again.  The warning comes at a sensitive moment for financial markets, with U.S. stock futures moving lower and oil prices jumping as investors assess the risks of a wider conflict. The latest escalation followed U.S. military strikes over the weekend on two Iranian rocket launchers on Larak Island, near the strategically important Strait of Hormuz.  According to U.S. Central Command, forces linked to Iran’s Revolutionary Guard were preparing rockets carrying sea mines…

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02

Sep

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EconomyCanada, Capitol Hill, Detroit, Donald Trump, Justin Trudeau, NATO, NORAD, Ontario, Ottawa, Quebec, Tax Foundation, United States, Washington D.C., White House

The Cost of Tariffs on a Former Ally: Trump’s Trade War with Canada

Trump’s trade war with Canada is becoming increasingly serious, raising concerns not only about the economic costs of President Donald Trump’s tariff policy but also about the damage it could do to one of America’s closest allies. Early this week, Trump imposed new tariffs on a range of Canadian goods, and Canada responded with retaliatory measures of its own. Negotiations between the two countries have also reached an impasse, increasing the risk of further escalation. The dispute is particularly significant because Canada is not a strategic rival of the United States. It is one of Washington’s closest political, economic and…

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29

Aug

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Economy, ElectionBrent Crude, Crisis, Donald Trump, Dow Jones, Federal Reserve, Iran, Persian Gulf, Republicans, strait of hormuz, Tehran, Trump, United States, Wall Street, Washington, White House, WTI

America’s First Swinging Miss: Trump’s Economic War Against Iran Already Hit US Markets

On Wednesday, U.S. President Donald Trump announced a sweeping new economic campaign against Iran, effectively launching an economic war against Iran, describing it as the “MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY” and accusing Tehran of failing to take an opportunity to reach a deal with Washington. He warned that Iran would face “Economic Warfare and Isolation on an unprecedented scale.”  Yet as Trump attempts to present the confrontation as a demonstration of American strength, its growing economic consequences are increasingly being felt beyond Iran—including in the United States itself.  Trump has also threatened countries whose banks, businesses,…

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