Raging Moderates with Scott Galloway and Jessica Tarlov Trump Triggers Economic Chaos as War Costs Skyrocket
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Mar 20, 2026 A rapid tour of U.S. troop buildup and the ballooning price tag of deepening conflict with Iran. Heated debate over whether new war funding will swamp the economy and spark GOP splits. A rundown of legal drama around the Epstein files and Pam Bondi’s subpoena. Big media consolidation through the Nexstar-Tegna merger and fresh controversy over César Chávez’s legacy.
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Iran Is Dug In With No Easy Off-Ramp
- Iran appears dug in with no appetite for a ceasefire, meaning the U.S. must choose an off-ramp or escalate.
- Erin Parnas contrasts Iran's theocratic resolve with U.S. political pressures that make an off-ramp politically costly for Trump.
War-Linked Energy Shock Will Hit Household Budgets
- Economic pain from the conflict is immediate and amplifies domestic anger on affordability.
- Jessica Tarlov cites projections of oil hitting $180–$200 a barrel and Powell noting tariffs and weak job creation stalling the economy.
Limited Ground Operations Are Becoming Probable
- 'Boots on the ground' in some form looks increasingly likely and would raise casualty and mission-uncertainty risks.
- Erin Parnas says securing islands and the Strait of Hormuz may require ground forces even if Tehran itself isn't invaded.