Research Paper Essay Example | Topics and Well Written Essays - 1250 words - 1

Research Paper - Essay Example This resulted in great economic down turn and also loss of lives, the United States up to date still compensates the veterans of the war, not forgetting that they spent a lot of money in the war, which they eventually withdrew from in the long run. Many soldiers got permanent injuries and billions lost their lives. It is estimated that 58,000 American soldiers died during the war, 300,000 were physically wounded, and 2387 reported missing (Murrin et al 143). The war not only affected the United States troops that had been in the battlefield. The wars also affected the Americans who had constantly watched the happenings on the war front, as they had been aired endlessly in the media. Many had to deal with the post war trauma while others, had to deal with the death of their loved ones. Many children were orphaned, other families never got to know what had happened to their relatives as many other soldiers were reported missing. Despite the fact that the government compensated the veterans’ families, most people had believed it had not been in its place to get involved in the war. Others argued against the government’s move to recruit young people and send them to war. The nation lost a vast number of its young gen eration through the war. The Vietnam War resulted in a financial setback that was felt throughout the United States. The country lost an estimated $167 billion spent on the war (McNamara 186). The government spent a vast amount of money to purchase and produce supplies and weapons for the army involved in the war. A failure by President Lyndon’s government to increase taxation while financing a major war and a great society simultaneously led to a notable increase in a double digit inflation that resulted in federal debt (Buckallo 87). The mounting debt served to ravage the American economy and contribute to a decrease in living standards witnessed from the late 1960s into the 90s. Further, the war veterans had to be compensated, and