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Politics: what it means for your wallet – one america

POLITICS: what it means for your wallet – One America News Network

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OAN’sΒ Alicia Summers
1:33 PM – Thursday, June 19, 2025



The White House announced today that the President will decide within two weeks whether to take military action in Israel’s war with Iran, a decision hinging on Iran’s commitment to stop enriching uranium and abandon nuclear weapons ambitions. While the U.S. economy currently shows strengthβ€”with lower jobless claims, rising consumer confidence, growing wages, falling gas prices, and easing inflationβ€”experts warn that U.S. involvement could disrupt oil shipments through the critical Strait of Hormuz, driving up costs for gas, food, and shipping. Although some argue military action could halt Iran’s nuclear progress, intelligence assessments, including testimony from Director of National Intelligence Tulsi Gabbard, indicate Iran is not actively building a nuclear weapon. History offers a warning: in 2002, Israel’s Netanyahu urged the U.S. to act on Iraq’s alleged weapons of mass destructionβ€”never foundβ€”and that war cost trillions and thousands of lives while fueling regional instability. The big question remains: should America get militarily involved again, or can diplomacy prevail? Dale Smothers, President and CEO of RDS wealth management breaks down how your wallet will feel the impact if war escalates.

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