The Economic Cost of a Nuclear Iran

The Economic Cost of a Nuclear Iran

After the looming fiscal cliff, the next major challenge facing the United States will be preventing Iran from obtaining a nuclear weapons capability. Living with a nuclear Iran is strategically untenable. Like the fiscal cliff, this is a matter of both economic and national security. Preventing Iran from acquiring nuclear weapons carries various risks, but inaction has its costs, too -- especially to the price of oil and, in turn, to the U.S. economy.

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