← All stories
Politics

Sachs Accuses Trump of Selling American Policy to Oil Lobby and Israel for Campaign Donations

Judging Freedom · Prof. Jeffrey Sachs : The Economic Consequences of Trump's War · May 11, 2026
Sachs Accuses Trump of Selling American Policy to Oil Lobby and Israel for Campaign Donations
Judging Freedom
Judging Freedom
Prof. Jeffrey Sachs : The Economic Consequences of Trump's War
"Trump is, if anything, transactional. So he caters to the oil and gas industry. He caters to the Israel lobby. He caters to Silicon Valley, which is making a ton of money with the new digital killing machines. And these are his donor base, and American policy has been sold to them, and the American people have been sold down the river."
Economist Jeffrey Sachs directly accused President Trump of selling U.S. foreign and economic policy to major donor constituencies including Big Oil, the Israel lobby, and Silicon Valley defense contractors. Sachs claimed these groups are profiting massively from the Iran war while ordinary Americans suffer from higher energy prices. This represents a bold institutional attack naming specific industries allegedly controlling policy.

About this episode

On this May 11, 2026 episode of Judging Freedom, host Judge Andrew Napolitano interviewed Professor Jeffrey Sachs about the catastrophic economic and geopolitical consequences of what Sachs called the Trump-Netanyahu war on Iran. Sachs opened with a devastating assessment that the war achieved none of its stated objectives—not regime change, unconditional surrender, nor elimination of Iran's nuclear or missile capabilities—and was premised on a delusional expectation that a decapitation strike would produce a pliant Iranian government. The economist exposed massive discrepancies in war costs, dismissing the government's $25 billion figure as fraudulent accounting when Congressional supplemental requests totaled $200 billion and defense budget increases approached half a trillion dollars. Sachs accused Trump of selling American policy to donor constituencies—Big Oil, the Israel lobby, and Silicon Valley defense contractors—who profit from the conflict while ordinary Americans suffer 50% oil price increases and cascading costs in food and consumer goods. He described Israel's economy as having transformed into a war machine profiting from sales of assassination services, Mossad operations, and surveillance systems to foreign governments, with its stock market booming despite mass emigration. Regarding the broader global impact, Sachs explained that while Russia enjoys windfall oil profits, it has played a responsible diplomatic role urging de-escalation. China, he argued, faces minimal impact due to its rapid transition to electric vehicles and renewable energy, with the country now installing more solar capacity annually than the rest of the world combined. Most significantly, Sachs stated Trump has zero leverage over China ahead of his planned Friday visit, citing the failed 24-hour trade war where Beijing forced American capitulation. The episode concluded with Sachs's prescription: Trump should simply stop the blockade, open the Strait of Hormuz, and withdraw, regardless of whether he acknowledges the mistake.

Key takeaways

More stories More from Judging Freedom