No, We Cannot “Afford” This War with Iran Either

Source: Ludwig von Mises Institute
by Connor O’Keeffe

“It is an almost constant frustration for Democratic members of Congress, their ideological supporters, and the American left more broadly that — whenever they propose a new social program or demand-side subsidy — Republicans immediately push back that the program is unworkable because the federal government is drowning in debt and teetering on the edge of bankruptcy. And yet, after Republicans launched this extremely expensive war, nearly all the same politicians who had been preaching fiscal restraint have now rallied behind an operation that has already cost billions of dollars in the first few days alone. Democrats have been quick to point out this hypocrisy. … However, the left-wingers leading this charge right now are wrong to imply that the GOP’s hypocrisy is actually evidence that there is plenty to spend on all these government programs. There isn’t.” (03/18/26)

https://mises.org/mises-wire/no-we-cannot-afford-war-iran-either