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#WarCosts
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 14m

Dr. Justin Wolfers argues that the Pentagon's reported $25 billion cost of the conflict with Iran significantly underrepresents the true financial burden on American households, which could amount to hundreds of billions or even trillions when accounting for broader economic impacts, geopolitical risks, and future military spending. #Economics #WarCosts #GeopoliticalRisk #US #IR

www.nytimes.com
Opinion | The Iran War Will Cost Trillions
Dr. Wolfers is a professor of public policy and economics at the University of Michigan. The Defense Department says the conflict with Iran has cost taxpayers $25 billion so far.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 1h

Dr. Wolfers argues that the true cost of the conflict with Iran goes far beyond the Pentagon's reported $25 billion, potentially amounting to hundreds of billions or even trillions when considering factors like disrupted oil markets, economic instability, and future military spending. #Economics #WarCosts #PublicPolicy #US #IR

www.nytimes.com
Opinion | The Iran War Will Cost Trillions
Dr. Wolfers is a professor of public policy and economics at the University of Michigan. The Defense Department says the conflict with Iran has cost taxpayers $25 billion so far.