Warren Buffett was on CNBC yesterday, today he was on Bloomberg TV.
Buffett is bullish on the economy and thinks there is a good chance that when residential construction comes back, there will be robust job growth. Warren Buffett agrees with President Obama, and thinks he is doing a good job. Warren Buffett
thinks unemployment will get back to 6% in a few years, but is highly dependent on housing. Buffett thinks when the economy starts getting stronger, there will be much stronger job growth then people expect.
Buffett reiterated his views that taxes should be raised on the super wealthy.
Below is a video from today:
Warren Buffett, chief executive officer of Berkshire Hathaway Inc., talks about the outlook for the U.S. housing market and employment. Buffett, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses President Barack Obama’s policies and continued negotiations on a U.S. deficit plan. The speak from the Allen & Co. conference in Sun Valley, Idaho. (This is an excerpt of the full interview. Source: Bloomberg)
The video only is about 8 minutes. To view a 30 minute interview click on the following link-http://www.youtube.com/watch?v=2hUid81aK-U