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Warren Buffett Might Have Made a Poor Economic Pep Talk
Hope may be getting too far ahead of itself
In my column of February 6, titled ‘Hope Could Be a Powerful Influence’, and of February 16, titled ‘It’s Time for the Next Step’, I ranted about how Fed Chairman Bernanke, the Treasury Department, Congress, the White House, and therefore the media, were driving consumer and investor confidence down further than it would normally be, with their endless doom and gloom assessment of the economic situation, repeated dreary explanations of how we got into it, and dismal predictions of how difficult it will be to get out of it.
I suggested that providing…
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