The Super Summary of World History - Alan Dale Daniel [252]
The Kennedy assassination was a blow to the upbeat nature of the nation. The 1950s was an era of growth and change, but the changes were moderate. The death of Kennedy threw a wet blanket on the times and the message was things were not as they once were. The newspapers were full of reports about the war in Vietnam, small as it was, and the continuing strife of the civil rights movement. The Space Race was proceeding and even there it seemed the communists were winning. Nonetheless, prosperity was evident, and the future seemed to promise more of the same. Europe started talking about a new organization, a kind of economic United States of Europe, where trade barriers would come down and laws could be homogenized. France was pushing the idea as they believed they would be the natural leader of any such organization, thus, enabling a further distancing from America and its inordinate influence on European affairs.
Most European states were unhappy with the US involvement in Vietnam, and they resisted pressure to fight the communist assault on the South. The world had larger problems, they thought, and a lot of those problems were just to the east of Europe as the Soviet Union gained economic and military power.
Lyndon B. Johnson: Worthless Cold Warrior
November 1963-1968
After Kennedy’s assassination, Lyndon B. Johnson became president. Johnson, who had been a leader of Congress for years, had large plans. He launched the “War on Poverty,” “War on Crime,” and many other social wars for his “Great Society”; however, he did all this while engaging in and massively expanding a real shooting war in Vietnam. Johnson, who witnessed the importance of price controls during World War II, stated that the nation would enjoy both “guns and butter” with his administration. This statement illustrates an unrivaled irrationality. Wars bring inflation, normally on a massive scale; thus, governments move to inhibit inflation by imposing wage and price controls at the outset of a conflict. Discovered in World War I, this was not a secret and wage and price controls were immediately initiated in World War II. Johnson knew all of this and chose to ignore it (he also ignored his economists).
The predictable result of this economic policy was massive inflation and economic stagnation. The impacts on the American economy were intensely negative which affected the Cold War. With America focused on Vietnam the troops and equipment in Europe, and other areas, languished. The Soviets upheld the peace, but if they had struck the US Army and its European Allies would have faced conquest from the east. All over the world communists were making progress in their insurgencies because the attention of the United States was on Vietnam. Johnson failed at fighting the Vietnam War and the Cold War. During his final years in office antiwar protests swept the nation. As the press turned against him