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Mar 29, 2022 · Based on the current dollar value, the Vietnam War cost the equivalent of about $1 trillion. The United States pays $22 billion per year in war compensations to Vietnam veterans and their families.
Jun 13, 2019 · The war in Vietnam cost the United States $843.63 billion in 2019 dollars, or 2.3% of GDP in 1968.
Two decades of military intervention and bankrolling friendly regimes cost the United States almost $US170 billion (close to $1 trillion in today’s terms). These war costs stalled some of Lyndon Johnson’s ‘Great Society’ reforms, including anti-poverty measures and improvements to social security.
Oct 29, 2009 · The Vietnam War was a long, costly and divisive conflict that pitted the communist government of North Vietnam against South Vietnam and its principal ally, the United States.
Oct 7, 2023 · Between 1965 and 1968, American military spending in Vietnam soared, peaking at roughly $85 billion in 1969. Economically, this was beneficial for defense contractors, who were already enjoying strong revenues thanks to the overall Cold War.
Following Congress' authorization of direct military action following the Gulf of Tonkin incident in August 1964, military spending began to rise rapidly as the U.S. stationed ground troops...
Jan 7, 2021 · For the Vietnam War and the Persian Gulf War, figures are Department of Defense estimates of the incremental costs of operations, meaning the costs of war-related activities over and...
