Khomeini besmirched Mohammad Reza Shah Pahlavi for plundering Iran's wealth. Once King unseated, he promised Iranians that he would transform Iran's economy into a free ride society. Most importantly, he would lead Iranians to everlasting salvation.
In 2006, the Export Development Canada released a report about the economic disparity in Iran. The report stated that 75% of Iran's wealth owned by 10% of Iran's population. Consequently, 25% of Iran's wealth owned by 90% of the population. It means the purchasing power of Iranians is not in good standing.
The theocratic regime in Iran has an oligarchy economic system. The system designed to help Iran's power elite enrich themselves and decorate themselves with a luxury lifestyle and deprive the rest of the society of economic prosperity. The system does not have a foundation of a merit system. The strategy focused on those individuals that they wholeheartedly support the theocratic system in Iran.
Mr. Trump did not like the nuclear treaty the theocratic regime had in Iran. Mr. Trump nullified the treaty and imposed economic sanctions against Iran's regime to dismantle the cleric's financial foundation from four corners. The economic system in Iran is bankrupt.
In conclusion, since its inception, Iran's regime did not develop economic policies to move Iranians toward economic prosperity. The clerics in Iran plunder Iran's wealth as Ali Khameini has $95 billion in foreign banks. In 2006, the income disparity defined in this light that 90% of Iranians owned 25% of Iran's wealth. It may have a small portion of a middle class. Now, the US economic sanctions vaporized the middle class. It can be said in total confidence that 90% of Iranians are living in abject poverty.
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