Buffett - "We're Still in a Recession"

Warren Buffett

Legendary investor Warren Buffett appeared on CNBC this morning. The lifelong Democrat and supporter of President Obama in the 2008 presidential election made a couple of startling comments. First, the Oracle of Omaha said, "We are still in a recession, and we are not going to get out of it for awhile." And then later and not to be outdone by his first comment which contradicts assertions made by White House economists in recent days, Buffett said, "It would be nice if you could find somebody that the American people and American business could feel good about."  This seems to be an outright repudiation on the anti-business tone emanating from the White House since President Obama's inauguration in 2009.

Buffett - "We're Still in a Recession"