By Larry C. Johnson
Sonar21
June 19, 2026
To quote James Carville, "Its the economy stupid!" On Monday I wrote:
So the question we ought to ask is why did Donald Trump blink and accept the proposal that Iran proffered way back in April?
I think there are several reasons, but the principal one is that the US is running out of oil, which means Trump will not be able to artificially suppress the price of gasoline.