Trump: $200 Oil Prices and a Record Dow Are Worth It
The idea that a war in Iran, potentially skyrocketing oil prices to $200 a barrel, might be considered “worth it” by some is a truly staggering concept, especially when immediately followed by the assertion that “We had just set a record — 50,000 on the Dow.” This connection, however illogical it may seem to the average person, appears to be the core of a particular line of thinking. It suggests a framework where the economic health of the nation is measured by the performance of a select group of companies, and that this performance can somehow outweigh the severe hardship inflicted upon ordinary citizens by a drastic increase in the cost of essential resources like oil.… Continue reading
Matt Underwood