Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed

The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.

Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.

Now, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing and electricity.

    • Triumph@fedia.io
      link
      fedilink
      arrow-up
      0
      ·
      16 days ago

      You’ll make it through. It will be hard, and you will make decisions you never thought you’d have to, in ways you never imagined you would.

      The survival instinct is strong. Theres a “code of the sea” for a reason.

    • Olhonestjim@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      16 days ago

      First step is just to outlive Trump. You want to live long enough to see that worthless piece of shit in the ground. It shouldn’t take too long. Then pick the next piece of shit to outlive. Spite is useful.

      • Mister Neon@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        16 days ago

        I’m not making enough money to cover my mortgage. My industry is using AI as a reason to not rehire. I got professional certifications to switch industries, but nobody is hiring for jobs that can cover my expenses. Unless something happens soon I’m not going to make it.

        I don’t want to join the military for a war for the benefit of Israel. I’m an old man.

          • Mister Neon@lemmy.world
            link
            fedilink
            arrow-up
            0
            ·
            15 days ago

            Run for office? The only people that succeed at that have connections. If I had connections then I wouldn’t be in the circumstances I’m in currently.

            • Olhonestjim@lemmy.world
              link
              fedilink
              arrow-up
              0
              ·
              15 days ago

              Things seem to be changing around that sort of thing. And I wasn’t suggesting high office. Like, any office. But I also suggested working for a campaign, getting behind someone decent who might run in your area.

                • Olhonestjim@lemmy.world
                  link
                  fedilink
                  arrow-up
                  0
                  ·
                  edit-2
                  13 days ago

                  These are exactly the times when such people rise. Support one. Be one.

                  Kat Abugazaleh just ran one of the best campaigns in American history. She did it with hardly any connections or personal wealth. She started up a mutual aid office. She changed the narrative. She was beaten only by a concerted effort by AIPAC. She set a model for how ordinary people can push change. Graham Plattner is attempting to do the same in Maine. He also has a pretty good shot.

                  Look, if you don’t like the idea, it ain’t for you. I was just trying to encourage you by throwing whatever ideas against the wall to see what sticks.

  • flandish@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    16 days ago

    remember: this is what the owning class wants. scared, hungry, poor people are much more likely to accept shit wages and still pay more everyday for everyday things.

    the gaps in pay and cost will only end up as profit in the owning classes.

    bonus is that the same working people are too hungry tired or scared to merc these fuckers.

  • Weydemeyer@lemmy.ml
    link
    fedilink
    arrow-up
    0
    ·
    16 days ago

    Americans look around at all the cheap commodities around them and think “yes, capitalism is the best system for organizing an economy”. What they don’t realize is just how much this lifestyle has been the direct result of exploitation of workers and resources in the global south, destruction of the environment, consuming at a level ~5x what the earth can sustain, not to mention US dollar hegemony and a military with 800+ bases around the world that can impose the will of capital (which realizes cheap stuff is needed to pay off the working class in the global north. When capital is no longer able to maintain this, I genuine believe workers will question this whole “capitalism is the best system ever” thing.

  • Avicenna@programming.dev
    link
    fedilink
    arrow-up
    0
    ·
    16 days ago

    Americans? It fucked up prices all around the world, even raised mortgage taxes in the UK. Trump and Netanyahu is a world-wide pestilence that must be dealt like-wise.

    • cuckmaster69@lemmy.billiam.net
      link
      fedilink
      arrow-up
      0
      ·
      14 days ago

      i mean, it’s an article on america. there’s other articles about other countries. i think people like to see that specifically americans are facing consequences for global actions taken by the us president, which makes this one rise to the top over any other specific country’s similar articles.

      just kinda boring to see this take on every post about america facing the consequences of their actions these days. like, maybe you could link to an article focusing on the global systemic impact, and we can have that discussion. instead it’s like everything that points out that americans are unhappy has this constant comment section being like “HOLY SHIT AMERICANS ONLY THINK ABOUT THEMSELVES”. which is totally understandable, but like, what do you expect to happen? there’s an impeachment and JD vance takes over and instantly things are solved? or do you expect a significant margin of the population of the continental united states to rise up and storm the capitol in a way that’s somehow more cohesive and effective than the last time there was a violent coup attempt at the US capitol?

      inb4 something something the french protest and everyone makes fun of them, and “NO BUT I EXPECT YOU TO DO MORE THAN THIS PEACEFUL PROTEST BULLSHIT”