Gary Shilling: Here's what America would look like if I were king

Financial analyst Gary Shilling feels the US spends too much time on consumption and too little time on investing in our future. In this video, he shares what he would do to fix the economy. Following is a transcript of the video. Gary Shilling: What I think I would like to see is people putting a lot more emphasis on productive work and investment and a lot less on consumption. Now we are a consumer economy and of course most people from the White House on down get all upset when consumers aren...