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THE BDM CORPORATION 0 BILLIONS OF DOLLARS IMPROVED TRADE POSITION IN KENNEDY AND EARLY JOHNSON YEARS 6 5- 4 3- 2 0 0 ........ :'......• r•,"/ ,/.,.,••1971 1972 -E 1951.60 1961.65 1966-70 4, -2 4541178W .3 - ".4 ".5 "-6 ".7 Figure 4-8. US Balance of Trade Surpluses and Deficits, 1951-1972 4-26 I; "
THE EDM CORPORATION Meanwhile, the stagflation which continued to grip the economy during the course of Game Plan II caused Nixon's advisors, who were looking towards the 1972 presidential election, to depart radically from their previous economic strategies and institute, through Game Plan III (1971-1972), wage and price controls. These were maintained into 1972 and did serve to curb inflation, at least temporarily, before being lifted to allow for economic growth prior to the 1972 elections. This growth came at the expense of renewed inflation, but that was something t3 be dealt with after the election by a new series of measures designed to dampen growth and inflation. 2. Nixon's Economic Program and US Withdrawal from Vietnam As was indicated above, the Nixon Administration sponsored a series of inconsistent stop-gap economic policies which ushered a bumping and sagging economy through the years of US withdrawal from Vietnam. The reduction of US troop strength in Vietnam led, as one would expect, to a sharp decrease in the budgeted cost of the US war effort, as is illustrated in Figure 4-9. The major war-related economic challenge faced by the Nixon Administration was therefore to factor the reduction in aggregate demand caused by the Vietnam wind-down into its overall plans for ensuring domestic economic welfare. As was noted above, Game Plan I was distinctly ill conceived in terms of accomplishing this goal. Instead of easing the economy through a period of adjustment to peacetime conditions, fiscal and monetary "overkill helped to lead the country into an abrupt recession. The administration found itself on an economic roller coaster, with Game Plans II and III being more oriernted towards averting economic and political disaster than towards the effective reprogramming of war-related industrial activity for peacetime production. 37/ F. INSIGHTS H_ During the early and mid 1960s the Kennedy and Johnson administrations took the strength of the US economy for granted, and thus formulated __ • 14. 27 'i"
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CORPORATION / ,/ DIEN BIEN PHU HANO
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THE DCORPORATION 791,5 Jones Branch
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THr. BDM CORPORATION PREFACE * A. F
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" HE BDM CORPORATION B. CONTEXT OF
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• - • -,-.-----L_..:...•_ -__
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TýE BDM CORPORATION TABLE OF CONTE
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THE BDM CORPORATION TABLE OF CONTEN
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THE BDM CORPORATION Figure LIST OF
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THE BDM CORPORATION _-I INSIGHTS Su
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THE BDM CORPORATION INSIGHTS Changi
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THE BDM CORPORATION" LESSONS Each m
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ThE BDM CORPORATION INSIGHTS Domest
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THE BDM CORPORATION CHAPTER 1 SUPPO
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_ -4• - "~ ~ _ THE BDM CORPORATIO
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4- -MM-------- THE BDM CORPORATION
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THE BDM CORPORATION k By 1944 76 pe
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THE BDM CORPORATION POLL QUESTION A
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THE BDM CORPORATION .1 the peace ta
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THE BDM CORPORATION war was less pr
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THE BDM CORPORATION losses among US
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THE BDM CORPORATION of college stud
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S__ _ _ _ •. _ _ _ .. THE BDM COR
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THE BDM CORPORATION In this overvie
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THE BDM CORPORATION labor opinion i
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THE BDM CORPORATION to persuasive o
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THE BDM CORPORATION CHAPTER 1 ENDNO
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THE BDM CORPORATION Daily Tribute c
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THE BDM CORPORATION Lipset's number
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THE BDM CORPORATION CHAPTER 2 CHANG
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THE 3DM CORPORATION The allied succ
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THE BDM CORPORATION and south. The
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THE BDM CORPORATION The civil right
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THE BDM CORPORATION f 1966. King st
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THE BDM CORPORATION (3) More import
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THE BDM CORPORATION Before the Viet
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THE BDM CORPORATION sympathizing wi
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THE BDM CORPORATION portion of the
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THE BDM CORPORATION election would
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THE BDM CORPORATION t This action c
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THE BDM CORPORATION the early 1970s
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I Q _IN, THE BDM CORPORATION which
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THE BDM CORPORATION concluded that
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THE BDM CORPORATION term.43/ That a
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THE BDM CORPORATION growth - activi
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THE BDM CORPORATION 444 the Neutral
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THE BDM CORPORATION which followed
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4i THE BDM CORPORATION CHAPTER 2 EN
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THE BDM CORPORATION 8. Ibid. Weber
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THE BDM CORPORATION There is a time
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THE BDM CORPORATION The major demon
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THE BuM CORPORATION 38. Ibid, p. 29
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THE BDM u)RPORATION CHAPTER 3 THE M
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THE BDM CORPORATION corporato qtruc
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THE 8DM CORPORATION become 2. The M
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THE BDMC'CORPORATION individuals an
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THE BDM CORPORATION during the Viet
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THE BDM CORPORATION The administrat
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THE BDM CORPORATION their reporting
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THE BDM CORPORATION the area. One h
Page 121 and 122: THE BDM CORPORATION In his January
Page 123 and 124: V THE BDM CORPORATION throughout Ni
Page 125 and 126: THE BDM CORPORATION ki• J 1972 el
Page 127 and 128: THE BDM CORPORATION served a consid
Page 129 and 130: 'THE BDM CORPORATION ' Of particula
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Page 133 and 134: THE BDM CORPORATION reports on inci
Page 135 and 136: 77771,il~~~4..- I __- -- _- -I-I_ T
Page 137 and 138: • •.,• -• -o-- ._.. THE 5DM
Page 139 and 140: THE BDM CORPORATION 114. Ibid., p.
Page 141 and 142: THE BDM CORPORATION 32 The attacks
Page 143 and 144: THE BDM CORPORATION 1 51. Ibid. dat
Page 145 and 146: THE BDM CORPORATION •J 61. In a n
Page 147 and 148: THE BDM CORPORATION CHAPTER 4 US EC
Page 149 and 150: THE BDM CORPORATION B. THE US ECONO
Page 151 and 152: THE BDM CORPORATION RECESSION TROUG
Page 153 and 154: THE BDM CORPORATION S, tf 2. Anti-I
Page 155 and 156: THE BDM CORPORATION "relative meits
Page 157 and 158: THE 8DM CORPORATION continued to de
Page 159 and 160: THE BDM CORPORATION Sbutter. The da
Page 161 and 162: THE BDM CORPORATION year a number o
Page 163 and 164: THE BDM CORPORATION $41.1 billion.
Page 165 and 166: THE BDM CORPORATION 4 U.S. BALANCE
Page 167 and 168: THE BDM CORPORATION i I r abroad an
Page 169 and 170: THE BDM CORPORATION E. NIXON ADMINI
Page 171: .t THE BDM CORPORATION , 1 PERCENT
Page 175 and 176: THE BD, CORPORATION F aggressive mi
Page 177 and 178: THE BDM CORPORATION CHAPTER 4 ENDNO
Page 179 and 180: THE BDM CORPORATION 13. Kennedy was
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Page 183 and 184: I THE 3DM CORPORATION being won and
Page 185 and 186: THE BDM CORPORATION military effort
Page 187 and 188: THE BDM CORPORATION 37. Most of the
Page 189 and 190: THE BDM CORPORATION During the 1950
Page 191 and 192: THE BDM CORPORATION the struggle wi
Page 193 and 194: THE BDM CORPORATION i had slowed or
Page 195 and 196: THE BDM CORPORATION articulate spok
Page 197 and 198: THE BDM CORPORATION in Southeast As
Page 199 and 200: TH,: BDM CORPORATION criticism by o
Page 201 and 202: THL BDM CORPORATION to be reflectio
Page 203 and 204: THE BDM CORPORATION political weakn
Page 205 and 206: THE BDM CORPORATION The Cuban Resol
Page 207 and 208: 7MM THE BDM CORPORATION rather beca
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Page 211 and 212: THE BDM CORPORATION Jseas: -r• du
Page 213 and 214: THE BDM CORPORATION concerning such
Page 215 and 216: i THE BoM CORPORATION occasion, the
Page 217 and 218: THE BDM CORPORATION :ii '4 passage
Page 219 and 220: THE BDM CORPORATION E. SUMMARY ANAL
Page 221 and 222: THE BDM CORPORATION if they knew bo
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THE BDM CORPORATION F. LESSONS With
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THE BDM CORPORATION S dollars. From
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THE BDM CORPORATION 44. Congress, I
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THE BOM CORPORATION BIBLIOGRAPHY
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THE BDM CORPORATION VOLUME TV BIBLI
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THE BDMV CORPORATION VOLUME IV BIB3
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o-. THE BDM CORPORATIGN Sell, Danie
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THE BDM COHPORATION Gabriel, Richar
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_~- ,_K.. __-- 7- - - A07 EE 57 7 E
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THE BDM CORPORATION NimOo, Dan, Pol
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THE BDM CORPORATION Silberman, Char
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THE BDM CORPORATION White, T. H., T
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THE BDM CORPORATICN' Caine, Major P
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4Z, - I THE BDM CORPORATiON ] Krist
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