It’s a ‘Don’t Worry, Be Happy’ presidency as Trump downplays the effects of the Iran war
President Trump has downplayed the negative impact of the war with Iran on the US economy, despite rising gas prices and stock market drops. The Trump administration is expected to request $200 billion from Congress to pay for the war, which could further inflate already elevated inflation.
President Trump is downplaying the effects of the Iran war on the US economy. Despite rising gas prices and stock market drops, Trump says it's a temporary blip. The average cost of gas in the US is now $3.99, up over a dollar since the war began. The Trump administration may request $200 billion from Congress to pay for the war. This could increase inflation, already a concern. Trump has a history of downplaying negative economic impacts, including tariffs and the COVID-19 pandemic.
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