Title: What are some Vietnam War symbols? - Quora
Headings: What are some Vietnam War symbols?
What are some Vietnam War symbols?
Content: This was in large part due to President Johnson’s Great Society domestic programs. The whole point was to keep the US economy stabilized, unlike the Korean war and to maximize profit while ensuring high productivity and low un-employment. Tough to do in a volatile economy, especially one that was spiraling downward after the Korean war. The Vietnam War, like previous war, had a lasting fiscal legacy due to the increased levels of government expenditure which was financed by increases in taxation from 1968 to 1970. The blowout in budget deficits was driven by both military and non-military outlays in combination
with an expansionary monetary policy that led to rapidly rising inflation in the mid-1970s. The slight fall in government spending after 1969 and up to 1973 can be attributed to falling military expenditure that outweighed the increases in non-military expenditure. Consumption was negatively affected by rising unemployment and inflation after the 1973 oil shock, while prior government attempts to rein in inflation with price and wage controls also kept investment almost flat through most of the 1970s. Development and testing of new military products with somewhat limited value in the civilian market. These are the main end items that kept the GDP level. The biggest development was that the first laser guided bombs were used at the very end (after US forces had left) of the Vietnam conflict, which would become the smart bombs of the late cold war.