Philadelphia Korean War Memorial The park is bounded on the south by Spruce Street, on the north by Dock Street, on the east by Christopher Columbus Boulevard along Penn's Landing and on the west by 38th Parallel Place. Interstate 95 runs under the eastern part of the park, while the memorial is located in the western section. The memorial is owned by the city of Philadelphia and leased to a non-profit organization called the Friends of the Philadelphia Korean War Memorial which is based in the city. The Philadelphia Korean War Memorial was designed by Jirair Youssefian of Vitetta Architects and Engineers in 1992.
Impact of the Korean War on the economy of the United States tensions with the Soviet Union, the Korean War further increased it. The Korean War cost the US$30 billion in 1953, which is equivalent to US$341 billion in 2011. During the last year of the war, annual war expenditure comprised about 14.1 percent of GDP. Approximately 34,000 Americans were killed in battle and about another 2,800 died from disease or injury, with total US casualties, which includes dead, wounded, and missing in action, adding up to 139,860. The "Korean War GI Bill" was implemented in 1952, eventually covering veterans between June 27, 1950 and February 1, 1955. It offered the same