Who You Fighting For? Desert Storm and the Recession of 1990

Geoffrey D. Klinger, Jennifer Adams () and Kevin Howley ()
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Geoffrey D. Klinger: DePauw University
Jennifer Adams: DePauw University
Kevin Howley: DePauw University

Chapter Chapter 10 in Money Talks, 2022, pp 161-175 from Springer

Abstract: Abstract While there was certainly money to be made from the Gulf War of 1990, both in its prosecution and aftermath, the most remarkable thing about the conflict was the sheer spectacle of it. This chapter examines the media spectacle of real-time coverage of Operation Desert Storm. Furthermore, it argues that the conflict provided a convenient cover and distraction for a growing economic recession in the United States. Indeed, the Gulf War became a scapegoat for President Bush as the economy turned sour, although the economic downturn started well in advance of the hostilities.

Keywords: Alan Greenspan; George H. W. Bush; Gulf War; Inflation; Recession; War profiteering (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-00816-0_10

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DOI: 10.1007/978-3-031-00816-0_10

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