Gary Shilling vs Peter Schiff debate [Flashback video]

Watch the above video for Gary Shilling and Peter Schiff's debate

Low pay jobs being created in this economic recovery

Part-time jobs paid less than full-time jobs. And, also, most of the jobs that have been created in this recovery so far have been in things like leisure and hospitality, and retailing, which pay a lot less than manufacturing and utilities.

Gary Shilling: Economy to continue to grow after deleveraging completes

Once private-sector de-leveraging is completed, real GDP growth will probably return to its long-run trend of about 3.5 percent, and perhaps more. Productivity improvements and labor-force growth will likely resume. And the slow-growth-forever crowd will need to find a new theory.