During an interview with CBS News yesterday afternoon, President Trump all but declared victory. “I think the war is very complete, pretty much,” he said.

This statement is so self-contradictory and confusing that one might be tempted to write it off as just riffing, except that he reiterated it at a press conference later in the day. “We’re achieving major strides toward completing our military objective, and some people could say they’re pretty well complete,” he said, apparently referring to himself. All that was missing to complete the parallel to the Iraq War was a flight suit, an aircraft carrier, and a mission accomplished banner.

Yet the same afternoon, the Department of Defense posted on X, “We have Only Just Begun to Fight,” mangling a famous quotation from John Paul Jones, the father of the U.S. Navy. Reporters at the press conference, perplexed, asked Trump about the gap. “You said the war is ‘very complete,’ but your defense secretary says this is just the beginning, so which is it?”

“Well, I think you could say both,” Trump replied.

You could—if you were a pundit making an argument about the future of the war. But people might hope for a bit more clarity from the man who launched the war without congressional authorization, popular support, or even much buy-in from his own advisers.

Trump’s equivocation yesterday may be his attempt to steady an economy shaken by the war. The president’s approval has been battered recently by the high cost of living. Although inflation was a major factor in his victory over Kamala Harris in 2024, Trump has seldom focused on it since entering office and has insisted that affordability is somehow both a Democratic “hoax” and a problem that he has already solved.

The war in Iran has exacerbated existing stressors: It has driven up gas prices, rocked stock markets, and suggested that Trump’s attention is not on the economy. The president appears rattled by this and even called on oil-tanker captains to “show some guts” and sail through the contested Strait of Hormuz, according to Fox News’s Brian Kilmeade, though he hasn’t volunteered to personally dodge Iranian missiles aboard a floating makeshift bomb.

Trump’s comments yesterday seemed to work, at least in the immediate term: Oil futures dropped, and markets rebounded a bit. Over time, however, whatever succor Trump provides to the economy by saying that the war is nearly over is likely to be canceled out by his administration’s vacillation. Markets seek stability, and Trump can’t seem to decide on a talking point, much less a strategy or aim for the war itself. As my colleagues Marie-Rose Sheinerman and Isabel Ruehl reported last week, Trump offered 10 different rationales for the war in its first six days alone. Traders may be primed to look for examples of Trump chickening out, but yesterday’s remarks seem more like a feint at ending the war: Defense Secretary Pete Hegseth declared that today would “be yet again our most intense day of strikes.”

Trump appears confused not only about the future of the war but also about some of its basic facts. The U.S. has faced international criticism over a missile strike on a girls’ school in Iran, which was next to a naval base that was also struck. Iranian authorities say that about 175 people were killed at the school, mostly children. Over the weekend, Trump said that the attack was friendly fire. “In my opinion, and based on what I’ve seen, that was done by Iran,” he said. “They have no accuracy whatsoever. It was done by Iran.”

Since then, evidence has emerged that the missile that struck the base was a Tomahawk, an American-made weapon. Yesterday, Trump claimed that Iran possesses Tomahawks. “Whether it’s Iran or somebody else, the fact that a Tomahawk—a Tomahawk is very generic,” he said. “It’s sold to other countries.” This is nonsense: Only a few U.S. allies, including the United Kingdom and Australia, are known to have them. When a New York Times reporter confronted Trump, asking why no one else in the government was backing up his claims, the president folded. “Because I just don’t know enough about it,” he replied. “Whatever the report shows, I’m willing to live with that report.”

This claim of ignorance is surprising, because Trump usually claims to know better than everyone around him. When asked a question to which he doesn’t know the answer, his default is to say that he’s considering it. But on occasion, when really backed into a corner, Trump will throw up his hands and claim that he doesn’t know anything about a topic.

No president can or should be expected to know everything. This is why he’s provided with a Cabinet and a team of other advisers, an executive branch full of subject-matter experts, and a Congress and judiciary to serve as checks on him. The problem is that Trump wants to operate with complete freedom from any restrictions and without waiting for advisers’ input. Asked when the war would completely end, Trump told CBS, “Wrapping up is all in my mind, nobody else’s.” That’s not very reassuring, for stock markets or anyone else.

(http://www.autoadmit.com/thread.php?thread_id=5844166&forum_id=2,#49733379)