Death and destruction continue to mount in the Middle East due to the Iran War that the United States and Israel governments initiated at the end of February. While Americans an ocean away have been spared the costs imposed directly by missile strikes and other military actions, they are being subjected to substantial economic harm from the war.
Tag: Peter Schiff
Economist and investor Peter Schiff, speaking in the Wednesday episode of his Peter Schiff Show, gave an insightful rundown of some of the economic damage coming to America because President Donald Trump “decided that he was going to go to war with Iran” despite there being “no immediate threat to the United States from Iran.”
At his Peter Schiff Show, host Peter Schiff specializes in throwing cold water on the assertions of politicians and people in the media concerning American economic matters. Though partial to Donald Trump over Kamala Harris in the 2024 presidential race, Schiff is still quick to rebut Trump when Schiff sees Trump offering proposals that are economically ignorant and destructive.
Politicians like to redefine words to escape blame and fool the people. We have seen it before in many instances in America. A couple big uses of this propaganda tactic include denying the US tortured people by claiming it subjected them instead to “enhanced interrogation techniques” and asserting that experimental mRNA shots that don’t even stop transmission of coronavirus, or sickness or death from coronavirus, are “vaccines.”
One of the US government’s latest major propagandistic language contortions is the Joe Biden administration’s attempt to deny America is in a recession by saying a recession is something more than the two consecutive quarters of decline in gross domestic product (GDP) that has been routinely used to define a recession. Seeing that America is just about certain to be already in a recession under the long-used definition, Biden administration officials have been out in front of every camera they can find declaring, “no, it takes much more to have a recession.”