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Impact of Cold War Election of 1948 I had to put this in since I do not think we talked about it. So here it is: http://www.270towin.com/1948_Elec tion/ Impact in General Impact of Cold War: A global issue Powerful effects on our economy, politics, and culture Military Military implications: Peacetime draft Done to meet military commitments associated with the Cold War Areas we occupied in Axis areas Missile deployment operations in Europe Counterinsurgency forced in Third World Economically Military spending increased: Between 1900-1930, military spending was less than 1% of GDP By 1961, that number was 10% (chart, p. 807) Industrial Arms Race! Affected all Americans with a climate of fear and uncertainty Bomb shelters, civil defense drills, atomic research testing Concern over radioactivity of above ground tests, later found to be a health issue Very expensive which bothered Ike who wanted a balanced budget Industrial 1960: Ike tried to negotiate an arms limitation agreement with the Soviets May 5, 1960: Soviets shot down an American U-2 spy plane over their territory and captured and imprisoned its pilot Ike later admitted he authorized the mission and others like it, and therefore his chance to negotiate an arms agreement was gone Pentagon 1960: became its own democracy Federal funds overwrote 90% of the cost of research on aviation and space Subsidized the scientific, auto, and electronics industries This allowed for rapid creation of products Pentagon Created a strong defense industry Boeing, Lockheed were examples of companies that did its work almost exclusively with the Pentagon People owed their jobs to this buildup, and many areas of the US received a lot of money (especially in the south and west) Final thoughts Drawback: little money was spent on domestic needs due to amount going to military Ike’s last speech: warned of a “military-industrial complex” Quotes Its influence “is felt in every city, every statehouse, every office of the federal government” “guard against the acquisition of unwarranted influence, whether sought or unsought, by the militaryindustrial complex” “never let the weight of this combination endanger our liberties or democratic processes”