Bloomberg News Economics Reporter Rich Miller discusses the Fed tapering chatter that is obscuring something important: the already-under-way cutback of the federal government’s budgetary support -- which is likely to have a much bigger impact on economic growth next year. Bloomberg Businessweek Editor Joel Weber and Bloomberg Businessweek Writer James Tarmy talk about advances in concrete, elevators, and engineering that have created a new breed of “supertall” buildings. Bloomberg New Economy Editorial Director Andy Browne explains why Beijing's crackdown may soon land on Macau. And we Drive to the Close with Michael Sheldon, Chief Investment Officer at Hightower RDM.

Hosts: Carol Massar and Ed Ludlow. Producer: Paul Brennan.