The war on Iran costs the American family $1,000, and inflation records its highest level in 3 years
Follow-ups – Al-Khabar Al-Yemeni:
The American network “CBS” revealed today the direct economic cost of the war on Iran on the American citizen.
The network reported that “the American war on Iran cost every American family $1,000,” explaining that this cost “included the rise in fuel prices, food prices, and other expenses.”
It confirmed that “inflation in May reached its highest level in three years, at a time when a sustainable peace agreement between the US and Iran has not yet been reached.”
It added that “since the start of the war, the average American family has spent an additional $200 on food purchases due to rising fuel costs.”
This report comes after a series of grim economic data, which showed the American economy contracting by 3.3% in the first quarter, a 60% decline in foreign investment, and Americans spending an additional $45 billion on gasoline and diesel.
A Reuters-Ipsos poll a few days earlier had revealed that only 23% of Americans see their country’s position as stronger after the war, while 35% consider it weaker.
Economic observers believe that the rising war bill on American families reflects the failure of the gamble on a “quick and cheap war” and reveals that the middle and limited-income classes are paying the greatest price.
They point out that the continued deadlock in peace negotiations maintains the state of uncertainty that drives prices to rise further, at a time when the midterm elections are approaching, which may turn into a referendum on the economic cost of the war.