Socialist Party support of the Vietnam War

Henry C.K. Liu hliu at
Sun Oct 29 13:23:37 MST 2000

I receive an e-mail from an well known economist (his name withheld
because I don't have his permission to forward his meassage) which
contained the following:

The Vietnam War. I published a balance-of-payments  study for Arthur
Andersen/NYU which showed that the ENTIRE US  balance-of-payments
deficit stemmed from overseas military spending. This had nothing to
do with interest rates. The rate rise stemmed from the national
socialist attempt to have both guns and butter. (I say socialist
because the only supporters of the war were the Socialist Party, as an

anti-communist effort. Wall St. mainly opposed it.)


Henry C.K. Liu

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