Why rich nations may be their own worst enemy
Clip: 10/27/2016 | 8m 16s
Economist Todd G. Buchholz suggests rich nations pay a big price for their wealth.
Economist Todd Buchholz rails against what America has become: a people who want everything but aren’t willing to pay for it. In “The Price of Prosperity,” he suggests that wealthy nations such as the U.S. inflict harm on themselves, even cause their own demise, by racking up debt, having fewer children and increasing governmental regulations. Economics correspondent Paul Solman reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Why rich nations may be their own worst enemy
Clip: 10/27/2016 | 8m 16s
Economist Todd Buchholz rails against what America has become: a people who want everything but aren’t willing to pay for it. In “The Price of Prosperity,” he suggests that wealthy nations such as the U.S. inflict harm on themselves, even cause their own demise, by racking up debt, having fewer children and increasing governmental regulations. Economics correspondent Paul Solman reports.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...