Wednesday, August 19, 2026
Smart Again
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us
No Result
View All Result
Smart Again
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us
No Result
View All Result
Smart Again
No Result
View All Result
Home Politics

How much are you spending on the Iran war? $300 and counting.

May 19, 2026
in Politics
Reading Time: 3 mins read
0 0
A A
0
How much are you spending on the Iran war? 0 and counting.
Share on FacebookShare on Twitter


Mother Jones illustration; Getty

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.

The Pentagon estimates that it has spent upward of $29 billion on weaponry to bomb Iran since February 28, in a war of choice that has killed at least 3,400 people in Iran and thousands more across the region. 

Americans, far away from the bombs, are relatively insulated from the immediate, human costs of warmaking. But the war is hitting Americans in their pocketbooks—and a new tracker shows how much individual American consumers have spent on higher-priced fuel since the war began and gas prices soared to a national average of $4.50 per gallon.

The Climate Solutions Lab and Costs of War Project at Brown University released a research brief May 18 showing that Americans have spent an additional $42 billion on gasoline and diesel over the past ten weeks. “On average, each U.S. household has paid over $300 more for gasoline and diesel since February 28, 2026, than it would have without the war,” the researchers wrote. 

“This is where Americans who aren’t service members or who don’t have service members in their families are feeling this war in Iran the most,” said Stephanie Savell, a researcher with the Costs of War Project. “It’s a reminder, every time you go to the gas pump, that this country is at war.”

A 2025 report on US consumers showed that most Americans could not afford a $1000 emergency, and federal reserve data that same year revealed that only 60 percent of American households could withstand even a $400 unexpected expense. A surprise $300 surcharge at the gas pump, then, could be disastrous. 

“People are already having to make choices between gas and other basic living expenses, and that is just going to continue,” Savell said. “This is a war cost that affects people on the lower end of the income ladder more.”

The Pentagon still has not provided Congress with an itemized cost of this war—the best numbers we have come from Pete Hegseth’s congressional testimony earlier this month, and then from a Pentagon official who corrected him the next day, saying he had estimated a bit too low. Some researchers say that the costs are likely far higher—somewhere more in the region of $1 trillion. And many of those costs are being kicked down the road to future generations, Savell said: “When the US is engaged in a conflict, a lot of times the spending is credit card spending. So we’re basically deferring payment for the war to future generations.” War borrowing, Savell explained, is “basically taking money from the budget for any sort of social safety net,” and then passing that money along to creditors.

“This data shows that energy price shocks function as an economy-wide, unacknowledged tax on households, with costs comparable to large federal programs and policies,” the Costs of War Project and Climate Solutions Lab researchers wrote in their brief. As the Strait of Hormuz remains closed, that “unacknowledged tax” will keep showing up at the gas pump. 

Donald Trump, meanwhile, told reporters today that high gas prices are not a concern of his. “This is peanuts,” he said. “I appreciate everybody putting up with it for a little while. But I don’t even think about it.”



Source link

Tags: CountingIranspendingwar
Previous Post

“Is God Is” makes revenge a religion

Next Post

MAGA’s favorite psychedelic

Related Posts

Trump’s White House business shindig will be a cesspool of financial conflicts
Politics

Trump’s White House business shindig will be a cesspool of financial conflicts

August 18, 2026
Trump Is Furious That Sen. Jon Ossoff Called Out His Relationship With Natalie Harp
Politics

Trump Is Furious That Sen. Jon Ossoff Called Out His Relationship With Natalie Harp

August 18, 2026
Cops love ICE’s new shock gloves. Parents want them out of schools.
Politics

Cops love ICE’s new shock gloves. Parents want them out of schools.

August 18, 2026
Zach Lahn is MAHA’s great farm country hope. Is he the populist hero he claims to be?
Politics

Zach Lahn is MAHA’s great farm country hope. Is he the populist hero he claims to be?

August 18, 2026
Reporters Left Journalism To Die As Trump Lost It On CNN’s Kristen Holmes
Politics

Reporters Left Journalism To Die As Trump Lost It On CNN’s Kristen Holmes

August 18, 2026
Trump’s bombing threats have a golf course problem
Politics

Trump’s bombing threats have a golf course problem

August 17, 2026
Next Post
MAGA’s favorite psychedelic

MAGA’s favorite psychedelic

Trump Goes Full Captain Queeg On His Ballroom

Trump Goes Full Captain Queeg On His Ballroom

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
There’s more than one empathy crisis

There’s more than one empathy crisis

March 30, 2026
JB Pritzker Sets Trump And Kristi Noem Up For Halloween

JB Pritzker Sets Trump And Kristi Noem Up For Halloween

October 30, 2025
The death rate for ICE detainees has skyrocketed under Trump

The death rate for ICE detainees has skyrocketed under Trump

June 26, 2026
“Telephone” turns 15: Lady Gaga and Beyoncé’s pop classic still holds cultural weight

“Telephone” turns 15: Lady Gaga and Beyoncé’s pop classic still holds cultural weight

February 20, 2025
“Night Nurse” sexualizes the grandparent scam call

“Night Nurse” sexualizes the grandparent scam call

July 15, 2026
Christopher Nolan’s “The Odyssey” is pointless

Christopher Nolan’s “The Odyssey” is pointless

July 18, 2026
“They stole an election”: Former Florida senator found guilty in “ghost candidates” scandal

“They stole an election”: Former Florida senator found guilty in “ghost candidates” scandal

0
The prime of Dame Maggie Smith is a gift

The prime of Dame Maggie Smith is a gift

0
The Hawaii senator who faced down racism and ableism—and killed Nazis

The Hawaii senator who faced down racism and ableism—and killed Nazis

0
The murder rate fell at the fastest-ever pace last year—and it’s still falling

The murder rate fell at the fastest-ever pace last year—and it’s still falling

0
Trump used the site of the first assassination attempt to spew falsehoods

Trump used the site of the first assassination attempt to spew falsehoods

0
MAGA church plans to raffle a Trump AR-15 at Second Amendment rally

MAGA church plans to raffle a Trump AR-15 at Second Amendment rally

0
19th Amendment Ratified!

19th Amendment Ratified!

August 19, 2026
Trump’s White House business shindig will be a cesspool of financial conflicts

Trump’s White House business shindig will be a cesspool of financial conflicts

August 18, 2026
Trump’s latest assault on public lands

Trump’s latest assault on public lands

August 18, 2026
Trump Is Furious That Sen. Jon Ossoff Called Out His Relationship With Natalie Harp

Trump Is Furious That Sen. Jon Ossoff Called Out His Relationship With Natalie Harp

August 18, 2026
“Ice Princess” quietly defined Hayden Panettiere’s whole career

“Ice Princess” quietly defined Hayden Panettiere’s whole career

August 18, 2026
Trump Admin Caves On ‘Insane’ Bulldozing Of Big Bend National Park

Trump Admin Caves On ‘Insane’ Bulldozing Of Big Bend National Park

August 18, 2026
Smart Again

Stay informed with Smart Again, the go-to news source for liberal perspectives and in-depth analysis on politics, social justice, and more. Join us in making news smart again.

CATEGORIES

  • Community
  • Law & Defense
  • Politics
  • Trending
  • Uncategorized
No Result
View All Result

LATEST UPDATES

  • 19th Amendment Ratified!
  • Trump’s White House business shindig will be a cesspool of financial conflicts
  • Trump’s latest assault on public lands
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Smart Again.
Smart Again is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us

Copyright © 2024 Smart Again.
Smart Again is not responsible for the content of external sites.

Go to mobile version