U.S. Economy (Where we went wrong!) Former Advisor to Pres. Reagan & Prof. of Economics, Steve Hanke

The U.S. economy is based on three principles; land, labor and capital. Where did we go wrong with fiscal policies to amass more than 34 trillion dollars in debt (and counting)? Former Member of President Reagan's Council of Economic Advisers and current Professor of Applied Economics, Johns Hopkins University, Steve Hanke, shares is opinions on what Americans should expect next with the economy.