US Economist: Iraq War Has Cost American Families an Average of About $1,000

Golden Ten Data, July 1 – According to sources from the United States, Mark Zandi, Chief Economist at Moody's Analytics, recently published an article stating that the war launched by the US against Iran has cost each American household an average of about $1,000. The article points out that this $1,000 includes the additional refueling costs due to rising oil prices, extra expenses on shopping and travel caused by price increases, and the share of war-related costs incurred by the US government. Zandi emphasizes that the $1,000 average household loss is only a conservative estimate and that the actual cost Americans have paid for this war could be even higher.