Warren Buffett Endorses Hillary Clinton in 2016
Billionaire investor Warren Buffett told CNN Wednesday he hopes Hillary Clinton will become the first female U.S. president in 2016.
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#1 Nov 14, 2012
2008 was amissed opportunity for Americ to recover from the crises of all kind during the previouse eight years. For the nation, regarless of any attachment as who was supposed to be a president , Hellary was a missed opportunity . Though effort has been made, America did not recover from national deficit that started with positive from Clinton Era. Obama added to it. He did not decreased or stoped it, but doubled the national debt so that each American ow other countries, that include China, Japan and others a total of about $50,000.(16tri/300mil)per eprson which is realy a big tragedy for this wealthy nation of the world.
Trade balance is another ugly situation in American economy. Americans buy a lot of consumer goods while the Chinees use the money to buy capital goods and that is why the Chinees air lines is number one this dat. Not only China, America has a trade deficit with Japan, Canada, Mexico and all other major trade partners. This again needssome one who can turn around this unfare trade raltion to faire trade relation with all trading partners.
The other unfortunate situatin is the unemploymnet level America had for the last four years were disapointing. Obama promissed to reduce it to about 5-6%, but still it is around 8% current, but the actual may as big as 10-12%
Economic growth rate is at its lowest for America ranging from 1.5-2%. But China, Iindia, and some othe Latin America countries are growing at close to double digt.Some body else must come to reverse this trend since the trends of the last for four years are not showing any hope that nature.
The number of welfare reciepient has increased implying the increase in the povert level which has a lot of effect on the productivity of the nation. We all remember how Clinton brought people from welfare to employment and reduced the number of welfare recipients. To do it again America need some of that capacity though there are missed oportunities we can talk of.
Energy price has gone up either because fo the policy and/or inflation the country is facing. This also can't be ignored and we need to look for some one who can reverse this dangerouse trend.
These and many other macro and micro concerns might be the reasons why Buffet recomended Hillary which will be the right leader who can curbe and reverse all of this situation since Clinton did it all and it will be quite possible for her.
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