“President Trump is betting that reimposing the blockade on Iran and revoking its right to sell oil will throttle the regime’s economy and convince it to release its hold on the Strait of Hormuz. Tehran is betting it can hold out,” the Wall Street Journal reports.
“The danger is, in the short term at least, that the renewed economic pressure hurts ordinary Iranians and leaves a destructive stalemate in the waterway.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.