Detailed text transcripts for TV channel - MSNBC - 20110505:08:25:00
And after world war ii there was a very successful transition. at that time, we were making armored vehicles in detroit and they became -- we restructured that to making cars. we then had a g.i. bill. so that the workers people coming off the fields and coming off the battle fields would be able to be productive members of the new economy that was emerging after world war ii. and finally we had demand. people who had not been able to spend all the money. they were working. they were saving. they helped finance the war. after the war they had all that savings and that created a demand for the n...