It is only now, fifteen years after its end, that the full
impact of the Vietnam War on the United States can begin to be
measured. In this work, Anthony Campagna focuses on one aspect of
the war's consequences: its short- and long-term effects on the
United States economy. Detailing both the identifiable costs and
the economic benefits, Campagna examines the increasing influence
the war had on the economy as it progressed, and the immediate
policy responses that formed the government reaction. The impact to
the economic system is presented in a chronological fashion,
describing how the economy was affected during the war years, and
how, in the aftermath, it was permanently altered.
The book addresses the costs and benefits of the war in a
sequential manner, and is written in a non-technical style. The
first section covers the historical background of the Vietnam War,
centering on the Eisenhower and Kennedy administrations. A full
description of the state of the economy prior to the war, and in
the early stages of the conflict, is also provided. The second
section details the effects of the war on the United States,
beginning with its impact on the economy, social conditions, and
the functioning of the Johnson administration. The longer term
effects are addressed through the argument that the basic structure
of the economy changed in the early stages of the war. An
assessment of the Nixon administration's handling of the war and
economy completes the section. Finally, the third section offers an
overall accounting of the war, examining the total economic costs
and benefits as well as the post-Vietnam economy and society. This
volume will be a valuable resource for a wide range of courses,
including history, political science, economics, and sociology. It
will also be an important addition to college, university, and
public libraries.
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