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Then-citizen Donald Trump predicted in November 2011 video that then-President Barack Obama would start a war with Iran in order to get re-elected in 2012.

"Our president will start a war with Iran because he has absolutely no ability to negotiate. He’s weak and he’s ineffective. So the only way he figures that he’s going to get re-elected, and as sure as you're sitting there, is to start a war with Iran."

The big picture: The idea of Obama potentially attacking Iran as a political tool was a prime topic for Trump around that time, as illustrated by his tweets:

  • Oct. 9, 2012: "Now that Obama’s poll numbers are in tailspin – watch for him to launch a strike in Libya or Iran. He is desperate."
  • Sept. 16, 2013: "I predict that President Obama will at some point attack Iran in order to save face!"
  • Sept. 25, 2013: "Remember what I previously said — Obama will someday attack Iran in order to show how tough he is."

The state of play: The video has resurfaced after President Trump — during his re-election year — ordered an airstrike that killed Iranian general Qasem Soleimani, one of the regime's most powerful figures, in a move that is widely expected to significantly escalate tensions in the Middle East.

Go deeper: Pompeo says Soleimani strike disrupted "imminent" attack

Go deeper

Top general: Calls to China were "perfectly within the duties" of job

Gen. Mark Milley. Photo: Andrew Harrer/Bloomberg via Getty Images

Joint Chiefs Chairman Mark Milley told the Associated Press on Friday that calls with his Chinese counterpart during the final months of Donald Trump's presidency were "perfectly within the duties and responsibilities" of his job.

Why it matters: In his first public comments on the calls that have prompted critics to question whether the general went too far, Milley maintained that such conversations are "routine," per AP.

The consumer's massive "war chest"

Illustration: Megan Robinson/Axios

Economists expect the pace of economic growth to cool off now that government transfer payments like stimulus checks and emergency unemployment benefits are in the rearview mirror. But evidence suggests that the U.S. consumer is sitting on a lot of financial firepower that could be a key driver of growth in the quarters to come.

Why it matters: U.S. consumer spending is massive, representing about 70% of GDP.

The Fed takes on its own rules amid stock trading controversy

Photo: Al Drago/Bloomberg via Getty Images

New disclosures that showed Fed officials were active in financial markets set off a firestorm of criticism. Now the Fed may overhaul the long-standing rules that allow those transactions.

Why it matters: What officials actively traded was sensitive to the Fed decisions they helped shape, including the unprecedented support that underpinned a massive financial market boom.

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