Our Mortgaged Future

Our Mortgaged FutureIn the second half of 1968, a new mood of realism about the financial impact of the Vietnam war began to emerge in high-level Government conferences and in the national press. The most notable example was a report delivered by Daniel Patrick Moynihan that said the budgetary savings from the war's end would be totally consumed through the early 1970s by current and proposed military and domestic programs, given projected population growth. Little money would be left over for s...