When the war in Iran started on Feb. 28, Asia expected to see serious, gradual impacts from losing access to a huge portion of the world’s oil and gas. But the conflict’s economic and social impacts have hit the region harder and faster than officials and experts expected.
Even if there is a peace deal soon, the future of this industrious region that has driven global economic growth for decades will likely include months of canceled flights, surging food prices, factory pauses, delayed shipments and empty shelves for products long considered quick and easy to buy worldwide: plastic bags, instant noodles, vaccines, syringes, lipstick, microchips and sportswear.
Collectively, according to many officials and experts, if the war’s strangling of commercial traffic through the Middle East lasts for even a few more weeks, and uncertainty lingers, shortages could push several countries into convulsions of unrest, followed by recession.
What happens in Asia will eventually spill over across the globe and will eventually hit Americans. Indeed, one well known economist believes a global recession could occur, all because of the Felon's impetuous war of choice:
Another week, another false all-clear. The Strait of Hormuz remains closed. It appears increasingly obvious that the 20 percent of world oil supply that normally flows through it to world markets won’t be restored to normal anytime in the near future — quite possibly for many months. What will this disruption do to the world economy?
The International Monetary Fund raised the economic anxiety level last week with a projection of a global slowdown “in the shadow of war.” Yet while the IMF brings great expertise to this subject, I think that it is seriously underestimating how badly the global economy could be hit. In my view, a full-on global recession is more likely than not if the Strait remains closed for, say, another three months, which seems all too possible.
All of this is building economic pressures that the Kool-Aid drinking MAGA base cannot ignore. A new poll shows that 63% disapprove of the Felon's performance and are in a sour mood. Some belatedly realized they were - and continue to be - lied to, something many of us realized during the Felon 1.0 when the Felon lied over 30,000 times according to the Washington Post. Now, as a piece at The Atlantic notes, voters who voted for the Felon in 2024 realize they were played for fools:
Tomas Montoya has sold festival foods—funnel cakes, burgers, hot dogs—across the American Southwest for years. But lately, business has been rough. Costs are up, so he’s increased his prices. Employees are begging for hours he can’t give them. In Arizona, where he lives, Montoya pays $6 a gallon to fill up his food trucks with diesel. This summer, he may have to skip the California leg of his festival route because fuel is even more expensive there.
“It’s Trump,” Montoya told us outside a popular Hispanic grocery store in Casa Grande, Arizona, much of which sits in one of the most evenly divided House districts in the country. Montoya voted for President Trump in 2024, but now, well, frustrated doesn’t begin to cover how he’s feeling. The president is bragging about the economy, even though everyone Montoya knows is hurting; he promised to stop wars, but started one in Iran. “When Trump opens his mouth, three-quarters of what he says is stories, lies,” Montoya said. He’s planning to vote in the midterm elections this fall. But he may not choose a Republican.
You can’t flip a funnel cake in this part of Arizona without spattering someone who sounds just like Montoya—anxious, and a little regretful about how they voted two Novembers ago. These days, a shocking number of the president’s supporters have turned against him. . . . Some Republican operatives in battleground states told us that they’d rather Trump not campaign too hard for their candidate; others have seen their small-dollar donations plummet.
Midterm elections are typically rough for an incumbent president’s party. But this year threatens to be brutal. Trump’s approval is lower right now than it was at this point ahead of the 2018 midterm elections, when Democrats won back the House in a historic blue wave. Almost every new poll is a red flag for Republicans: Independents, young voters, and Latinos—groups that were crucial to Trump’s win in 2024—aren’t in the bag anymore. Even non-college-educated white Americans, once the president’s strongest group, have turned on him, according to a CNN polling average.
Casa Grande, a pit stop between Tucson and Phoenix where agricultural fields give way to new subdivisions, is on the northwestern edge of Arizona’s swingy Sixth Congressional District. . . . Shoppers outside the market bemoaned the rising price of everything: gas, meat, store-made chicharrones ($9.29 for a big bag). And they were ready to punish Trump’s party for it.
The mood among voters was just as grim some 60 miles southeast in Oro Valley, a northern suburb of Tucson known for its scenic mountain views—and home to many conservative voters whom Ciscomani and statewide Republicans rely on. Sitting inside of her car after a shopping spree at a dollar store, Zuriel Reyes told us she feels “shitty” about having voted for Trump in 2024, her first-ever election. . . . . and feels like the president is “putting all our lives in jeopardy with this weird war game that he’s playing.”
On Easter Sunday, Trump’s threat to wipe out “a whole civilization” in Iran drew ire from many onetime Trump devotees, such as Tucker Carlson, Alex Jones, and Megyn Kelly, who subsequently declared on her SiriusXM radio show that she was “sick of this shit.”
Earlier this week, when Trump posted the AI image of himself dressed in flowing robes, surrounded by a heavenly glow while healing a sick man, he alienated the one group of Americans that has rarely left his side: Christian conservatives.
Trump—or, more accurately, the conditions Trump has helped create—also seems to have affected GOP fundraising. Some donors are giving half the amount that they would normally contribute to Republican candidates and blaming economic instability for the decrease, one Georgia county GOP chair told us. Two Republican consultants from another battleground state told us that small-dollar donations to their candidates plummeted in early March, days after the U.S. and Israel launched strikes across Iran. In races that could be decided by very thin margins, these donations could mean the difference between sending out a final round of mailers to low-propensity voters or not.
[The Felon]
the presidentand his party may find salvaging the broader Trump coalition difficult. In Casa Grande, Montoya told us he’d give Trump three weeks to end the war and fix the economy. In the meantime, he’s eating leftovers more often, putting fewer miles on his food trucks, and setting the air-conditioning higher than he’d like as Arizona temperatures climb. Montoya will also, he added, be researching his options for November.

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