# Prof. Scott Galloway explains how Cisco is a larger metaphor for the US economy

1 Faculty News August 15, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg TV](http://www.bloomberg.com/video/cisco-a-larger-metaphor-for-u-s-economy-galloway-meflH0T2Q02SjMzrYt4d8w.html) -- "I think what's going on a Cisco is a larger metaphor for what's happened in the economy over the last 5 years, and that is, if you look at shareholder growth, or earnings growth, it's largely been a function of cost-cutting, not revenue growth or innovation."

[Watch the video](http://www.bloomberg.com/video/cisco-a-larger-metaphor-for-u-s-economy-galloway-meflH0T2Q02SjMzrYt4d8w.html)