What the Iran War Is Costing US Households

What the Iran war is costing US households

Trump’s Iran War Has Already Cost Each American Household $750

The credit agency Moody’s has calculated that the war against Iran has cost each American household $750.  Moody’s chief economist Mark Zandi said that in under three months of war, the cost of the war against Iran has already offset the additional tax breaks Americans received under President Donald Trump’s…

Iran War has cost U.S. families $100 billion between increased military funding and higher oil prices, finds Moody's

"With the saving rate about as low as it ever goes ... [consumers] will have little choice but to rein in their spending, weighing further on the already sagging economy."

Here's how much the Iran war is costing US households, according to Moody's

Frederic J. BROWN / AFP via Getty ImagesMoody's estimates the Iran war cost US households $100 billion in its first three months.Top economist Mark Zandi explains the war has more than offset the benefits of Trump's tax cuts.Zandi says the war is weighing on an "already sagging" US economy.The war in Iran has cost US households $100 billion in three months, Moody's Analytics says.Now in its fourth month, the conflict has cost nearly $750 per hou…

Mark Zandi Says Iran War Has Already Cost Americans $100 Billion - Chevron (NYSE:CVX)

Moody's warns Trump's Iran War costs US households $750, delivering a massive economic blow as surging gas prices erase recent tax refunds.

Economist tallies what Trump’s war is costing you — and delivers a stark warning

A prominent economist has calculated the overall cost of President Donald Trump’s Iran war on American consumers, boiled it down to how much it is costing each U.S. household, and is issuing a warning on the economy.Dr. Mark Zandi is the chief economist at Moody’s Analytics and the co-founder of Economy.com. He puts the total cost of Trump’s war at $100 billion — a conservative estimate to some — which amounts to about $750 per household so far.…