Peter Schiff – X, Released on 2/28/26

The United States is now at war with Iran. However, the U.S. Constitution clearly empowers Congress with the exclusive authority to declare war. If this war is truly just, Trump is legally required to seek congressional authorization before waging it.

— Peter Schiff (@PeterSchiff) February 28, 2026

The devil you know is usually preferable to the devil you don’t. The goal of the Iran war is the complete obliteration of the current government and its armed forces. How does Trump know that the regime that rises to fill the vacuum won’t be even worse than the one in power now?

— Peter Schiff (@PeterSchiff) February 28, 2026

The U.S. economy and labor market were already weakening, and inflation strengthening, before the war with Iran began. Now, as those problems get worse, Trump can blame them on a war he will insist we had no choice but to fight. Stagflation will be sold as the cost of freedom.

— Peter Schiff (@PeterSchiff) February 28, 2026

Had Harris won the election, and the circumstances surrounding the war with Iran been identical, Democrats would be rallying around the president, while Republicans would be wildly condemning her actions. Putting party loyalty above principle or the Constitution is not a virtue.

— Peter Schiff (@PeterSchiff) February 28, 2026