policy - The Black Vault

THE BDM CORPORATION
CHAPTER 4 ENDNOTES
1. Stephen S. Rosenfeld, "The Economics of Defense," The Wasliington Post,
January 31, 1975.
2. John J. Clark, "Vietnam's Lessons In Defense Economics," Royal United
Services institute (London: RUSI, 1972).
3. Those arrangements and the government's inability to formulate appropriate
economic policies eroded the monetary system that had been
created at the Bretton Woods Conference of 1944 and consequently the
role of the United States in international monetary affairs. Thus,
the way in which US Vietnam war policies were pursued was a key factor
in destroying a major element of the powerful post-World War II position
of the United States.
4. The chain of events that occurred was not inevitable. Candid public
discussion about the goals of political-wilitary programs, supported
by a committed political constituency, could have resulted in early
economic sacrifices (i.e., increased taxation) to pay for the war. It
was the political judgment at that time, however, and probably with
considerable justification, that the public might not have supported
administration policies had they been candidly articulated.
5. A note on economic data and endnotes: It is not unusual for different
sources to give different figures for items about which common sense
tells us there should be agreement. The reasons for this range from
differing statistical methods to plain sloppiness. While this is
frustrating, what is most important for a review such as this is a
general feeling for economic fluctuations and overall trends, not
questions of whether one person's quantification of a given phenonenon
differs somewhat from someone else's. For the sake of expedience,
sources are not cited for each economic statistic quoted in this
chapter. Instead, an emphasis is placed on indicating general sources
to which readers can turn for additional or more detailed information.
Thus, for example, the following are useful sources for information
about the pre-1961 period:
Bureau of the Census,
Annual Volumes.
Statistical Abstract of the United States,
Frederick Lewis Allen, The Big Change:
1900-1950 (New York: Harper, 1952).
America Transforms Itself..
Double-
Godfrey Hodgson, America In Our Time (Garden City, New York:
day and Company, Inc., 1976).
SJames L. Sundquist, Politics and Policy: The Eisenhower, Kennedy
and Johnson Years (Washington: The Brookings Institution, 1968).
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