What effects has the US debt had on businesses?


  • What economic effect did US spending on the Vietnam war have on business?

    McDonnell Douglas built F-4 Phantoms (over 6,000 built, nearly 800 lost in the Vietnam War), Convair built the F-102 Delta Dagger (President Bush’s jet), 14 were lost in the war; Boeing built the B-52 Stratofortress strategic bomber, 30 were lost in the war, North American built the F-100 Supersabre jet fighter bomber, 242 were lost in the war; Cessna built the 0-1 Bird Dog artillery observation airplane (3,000 built), over 500 were destroyed in the Vietnam War. Lockheed built the U-2 and SR-71 Blackbird spyplanes, one and two of each were lost in Vietnam; Hughes, Sikorsky & Bell built helicopters; 4,000 were lost
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    Sewards built the US Navy’s aluminum SWIFT BOAT (PCF-Patrol Craft Fast), over 100 built (10 lost in the war); Oregon built the Navy’s all steel ALPHA boat (ASPB-Assault Support Patrol Boat).
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    The auto industry (Chrysler, General Motors) built the US Army’s M48 Patton tanks, nearly 200 were lost in the war; Approximately 1600 M-551 combination aluminum/steel Sheridan tanks were produced, 200 were destroyed in the war.
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    Firearms industry built the brand new M-16 assault rifle (millions built), and nearly a million M-16’s were lost during the war; the South Vietnamese government had been supplied with these weapons, and all were lost when the North defeated them in 1975.

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