Warren Buffett is optimistic. How nice……
Warren Buffet is always optimistic. There isn’t any time in the last 30 years when Warren Buffet has not been optimistic.
If you had 66.7 BILLION Dollars you would be optimistic too.
Warren gets all his money from the stock market. Everyone loves to hear what Warren thinks about the economy. So if Warren says everything is going to hell in a hand basket that will cause everyone to start selling their stocks.
When the stock market goes down Warren loses a lot of money. So it is always in Warrens best interest for the stock market to be going up. To do that Warren needs to be real positive. And he always is.
If Warren tells you everything is going great then you will believe it. You will buy more stocks. That is why Warren will always tell you things are wonderful…..Which for him they always are.
Warren says ….
“many Americans now believe that their children will not live as well as they themselves do," (WHY DO THEY BELIEVE THAT?) said Buffett, 85. "That view is dead wrong: The babies being born in America today are the luckiest crop in history."
Luckiest in history…..Wow.
Warren must not remember that babies being born today will not have a pension. Warrens generation all had pensions, but today pensions are all going bye bye.
Warren must not remember that his generation enjoys social security. Babies being born today (If they have it at all) will get a lot less from Social Security.
Warren must not remember that when his generation left college they did not have a mountain of college debt. Babies being born today will be lucky to get it all paid off by the time they are Warrens age.
Warren must not remember that his generation didn’t even need two working people in a household…..Not a lot of people are attempting that today.
Warren must not remember that his generation had jobs……. in America. Companies made things in this country. Hard to believe I know…..But it was true. There were manufacturing jobs, and textile jobs, and Service jobs. Babies being born today will be hard pressed to find a fraction of the job opportunities that Warrens generation had.
So when Warren says babies being born today are the luckiest in history…….Well one has to scratch their head and wonder what the heck he is talking about. It is almost like he is being dishonest. But you don’t need to worry about that. You just go buy some stocks and help Warren out. If he is positive you should be too.