President Trump has casually admitted he knew the oil crisis caused by his war in Iran would affect millions of Americans already suffering through a cost-of-living crisis—but didn’t care.
Speaking to House Republicans at the National Republican Congressional Committee fundraising dinner in Washington, D.C., on Wednesday, the president—who has an estimated net worth of more than $6 billion—defended the higher prices the Middle East conflict has caused.
“I thought it was going to be much worse. I thought that the energy prices, oil prices, would go up higher. I thought the stock market would go somewhat lower,” Trump said. “But it didn’t matter to me. It’s short-term.”
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