Political Wire

  • Front Page
  • Trending News
  • Polling Dashboard
  • Trial Balloon
  • Membership
    • Subscribe
    • Sign In
  • Sign In
  • Contact Us
You are here: Home / Foreign Affairs / Trump’s ‘Economic D-Day’ for Iran Comes Last

Trump’s ‘Economic D-Day’ for Iran Comes Last

August 24, 2026 at 8:03 pm ET By Taegan Goddard Leave a Comment

New York Times: “Ordinarily, Washington approaches a problem like dismantling Iran’s nuclear program with straightforward diplomacy. If that goes nowhere, officials mix in escalating economic sanctions, adding an element of coercion. Military action is a last resort, and only if the president determines that risking American lives is worth the possible benefit.”

“But Mr. Trump leaped from a brief round of diplomacy straight to bombing runs, meant to force the country to give up its stockpiles of 11 tons of enriched uranium — including a batch that was nearly bomb-ready — and perhaps collapse the government. The attacks failed at both objectives, at the cost of 18 American lives, hundreds or thousands of Iranians dead, and a price tag that independent analysts put at over $100 billion, though the Pentagon’s estimates are lower.”

“And only now are Mr. Trump and Mr. Bessent trying one more grand experiment, named Operation Economic Outcast, that the White House described as ‘an unprecedented campaign to sever every remaining economic lifeline sustaining the Islamic Republic of Iran.'”

Filed Under: Foreign Affairs, White House

« Florida Prepares to Roll Back School Vaccine Requirements
Trump Prepares to Revoke Up to 200,000 Visas »

Your Account

Members

For the full experience, sign in.

Become a Member

  • Join Political Wire
  • Gift a Membership

Members Only

  • Republicans Are Acting Like the Polls Are Right
  • The 1994 Feeling Is Back
  • Trump’s Lame Duck Era Begins
  • Nearly Everything Is Moving Against the GOP
  • The White House Can’t Pick the Press It Likes

Word of the Day Political Dictionary

Nixon in China

The phrase “Nixon in China” refers to the paradoxical phenomenon where a leader takes an action that is unexpected or contrary to their established ideological stance.

Read the definition →

Yesterday’s Word of the Day: Movers and Shakers

Show me a random term

Think You Know Politics?

  • The Way It Was →
  • Yea or Nay? →
  • Split Decision →
  • Pollster →

About Political Wire

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.

Praise for Political Wire

“There are a lot of blogs and news sites claiming to understand politics, but only a few actually do. Political Wire is one of them.”

— Chuck Todd, host of “Meet the Press”

“Concise. Relevant. To the point. Political Wire is the first site I check when I’m looking for the latest political nugget. That pretty much says it all.”

— Stuart Rothenberg, editor of the Rothenberg Political Report

“Political Wire is one of only four or five sites that I check every day and sometimes several times a day, for the latest political news and developments.”

— Charlie Cook, editor of the Cook Political Report

“The big news, delicious tidbits, pearls of wisdom — nicely packaged, constantly updated… What political junkie could ask for more?”

— Larry Sabato, Center for Politics, University of Virginia

“Political Wire is a great, great site.”

— Joe Scarborough, host of MSNBC’s “Morning Joe”

“Taegan Goddard has a knack for digging out political gems that too often get passed over by the mainstream press, and for delivering the latest electoral developments in a sharp, no frills style that makes his Political Wire an addictive blog habit you don’t want to kick.”

— Arianna Huffington, founder of The Huffington Post

“Political Wire is one of the absolute must-read sites in the blogosphere.”

— Glenn Reynolds, founder of Instapundit

“I rely on Taegan Goddard’s Political Wire for straight, fair political news, he gets right to the point. It’s an eagerly anticipated part of my news reading.”

— Craig Newmark, founder of Craigslist.

Copyright © 2026 · Goddard Media LLC | Privacy Policy | Corrections Policy

Political Wire ® is a registered trademark of Goddard Media LLC