Steve Rattner shares 3 charts that show why Trump’s Iran deal is ‘worse’ than Obama’s
Economic analyst Steve Rattner broke out his charts on Thursday’s “Morning Joe” to show how President Donald Trump’s negotiated temporary agreement with Iran is “clearly worse for Americans” than the deal brokered by former President Barack Obama.
While the countries have not yet reached a final agreement, instead working under a memorandum of understanding, the Trump administration has already lifted sanctions on Iran’s oil during the 60-day negotiating period, which is, as Rattner pointed out, “not something Obama did” during talks for the 2015 Joint Comprehensive Plan of Action.
Rattner said the data shows that during this two-month window, Iran could bring in an estimated $6 billion in oil revenue. But that’s not all. The U.S. has also agreed to unfreeze $12 billion of Iranian assets during the same period. “So, $18 billion they get just for signing the MOU, so to speak,” the former Treasury official said.