{"id":550,"date":"2026-06-02T14:41:25","date_gmt":"2026-06-02T14:41:25","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=550"},"modified":"2026-06-02T14:41:25","modified_gmt":"2026-06-02T14:41:25","slug":"study-reveals-jaw-dropping-cost-of-trumps-war-to-u-s-households","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=550","title":{"rendered":"Study Reveals Jaw-Dropping Cost of Trump\u2019s War to U.S. Households"},"content":{"rendered":"<article>\n<p>A new study reveals the staggering cost of Donald Trump\u2019s war in Iran on U.S. households. <\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=548\">How a Humble Musician Shows Trump How to Really Celebrate America<\/a><\/p>\n<p>Trump started the war in February without congressional approval. Since then, energy prices have spiked, and the war has no end in sight.<\/p>\n<div>\n<p>According to Moody\u2019s Analytics, the war has cost U.S. households $100 billion overall so far. That amounts to nearly $750 a household.<\/p>\n<\/div>\n<p>That is mostly down to rising energy prices. According to AAA, the national average price for regular gasoline has climbed above $4.50 a gallon, topping $5 in seven states, following Trump\u2019s decision to wage war in Iran and the resulting closure of the Strait of Hormuz.<\/p>\n<p>Meanwhile, oil prices have surged by about 35 percent.<\/p>\n<div><\/div>\n<p>Although Trump has brushed aside fears over rising prices\u2014saying the rise in cost was \u201cpeanuts\u201d in comparison to the threat of Iran developing a nuclear weapon\u2014polls have shown that the impact of rising prices is hitting U.S. households hard.<\/p>\n<p>A May survey, conducted by Public First for Politico, found that 53 percent of Americans say the cost of living is the worst they can remember, up from the 46 percent recorded in November.<\/p>\n<p>Mark Zandi, Moody\u2019s chief economist, said in a post on X that the deeply unpopular war in Iran has been a \u201cbig economic blow\u201d for Americans.<\/p>\n<p>He added that the tax cuts in Trump\u2019s Big Beautiful Bill had cushioned some of the impact of the rising prices, until now.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=546\">Trump Gives Tulsi Gabbard\u2019s Job to Nepo Baby Sycophant<\/a><\/p>\n<p>\u201cAs of May 16, the bigger tax refunds Americans have received this year no longer cover the higher costs of gasoline, diesel, and jet fuel caused by the war,\u201d he wrote.<\/p>\n<p>So overall, Zandi said, households are feeling more financial pressure\u2014especially middle- and lower-income families who are already struggling.<\/p>\n<p>\u201cThe financial pressure is thus mounting quickly, particularly on already hard-pressed middle and lower-income households,\u201d he wrote.<\/p>\n<p>It comes as the personal savings rate fell to 2.6 percent in April, down from 5.8 percent a year earlier, according to , suggesting households are setting aside less money as prices rise.<\/p>\n<p>For Zandi, the trend is concerning, particularly if fuel prices remain elevated. He said lower savings leave families with less of a financial cushion to absorb higher costs, forcing them to cut back on spending and potentially further slowing the economy.<\/p>\n<p>\u201cWith the saving rate about as low as it ever goes, unless the war ends soon and energy prices come down, they will have little choice but to rein in their spending, weighing further on the already sagging economy,\u201d he wrote.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=544\">Trump, 79, Gets Stuck in a Loop With Late-Night Meltdown<\/a><\/p>\n<div>\n<p>The Daily Beast has contacted the White House for comment.<\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>A new study reveals the staggering cost of Donald Trump\u2019s war in Iran on U.S. households. Read more How a Humble Musician Shows Trump How to Really Celebrate America Trump started the war in February without congressional approval. Since then, energy prices have spiked, and the war has no end in sight. According to Moody\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Study Reveals Jaw-Dropping Cost of Trump\u2019s War to U.S. Households - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=550\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Study Reveals Jaw-Dropping Cost of Trump\u2019s War to U.S. Households - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"A new study reveals the staggering cost of Donald Trump\u2019s war in Iran on U.S. households. Read more How a Humble Musician Shows Trump How to Really Celebrate America Trump started the war in February without congressional approval. Since then, energy prices have spiked, and the war has no end in sight. 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