Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed
The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.
Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.
Now, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing and electricity.
If there isn’t a political shift in the Democrat Party away from fielding “almost as evil as the Republicans but not quite” candidates and pushing “tactical vote” propaganda, a hard neoliberal in power in the US next is a guarantee as is an outright Fascist in 4 or 8 years.
Just look at this graphic of social mobility in the US - the trend has long been to move away from a “land of opportunity” into a dynastic neo-Feudal society and unless that trend is actually reversed (rather than 4 or 8 more years of ratchet effect that at most slows it down slightly) the underlying problems of poverty and hopelessness that create a large block of votes who are easilly swindled by far-right populists scapegoating foreigners, will not be solved.
Agreed. Right now I’m just trying to keep this one person alive though.