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Boom or Bust: Will Trump’s Wage Gains Survive a War with Iran?
The Trump administration has delivered the strongest real wage growth for blue-collar workers in over 50 years — up 1.7% in just five months, according to Treasury data. That’s better than any president since Nixon, and even tops Trump’s own first term.
But for how long? All of this progress could be wiped out if the U.S. enters another unwinnable war in the Middle East. Will these economic gains be wiped out by a war economy?
If the conflict with Iran escalates, oil prices could double, or even quadruple — sending gas past $6 a gallon and dragging wage growth down with it.
So the question isn’t just how good the numbers are now — it’s whether the administration will risk burning it all for another foreign war.
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