Warren Buffett: No Recession if we Go Over Fiscal Cliff [VIDEO]

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Warren Buffett: No Recession if we Go Over Fiscal Cliff [VIDEO]
By Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons

Warren Buffett: No Recession if we Go Over Fiscal Cliff [VIDEO]

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Warren Buffett, thinks the U.S. will not go into a recession even if we temporarily go over the fiscal cliff. Warren Buffett says that the Republicans in Congress need to compromise. Buffett says that revenue needs to go up as a percentage of GDP and spending needs to go down over time.

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