During the campaign, Obama ran ads touting the fact that he was supported by super-investor Warren Buffett.
Chris Cillizza of the Washington Post, covering the White House Press Secretary Robert Gibbs’ press conference today: “More Buffett and more Buffett-dodging by Gibbs. Impossible for him to distance from Buffett but doesn’t want to anger the ‘oracle’ either. Buffett comments have gotten WH off track . . . they don’t want to answer a series of questions about the economy falling off a cliff.”
I suppose it’s an improvement over the mockery and demonization of Jim Cramer and Rick Santelli.
Others have noted that today Buffett criticized card-check and pursuing controversial agenda items when consenus is needed on economic fixes.
If you’re in a war, and we really are in an economic war, there’s a obligation to the majority to behave in ways to not go around inflaming the minority. If on Dec. 8, or maybe it was Dec. 7, when Roosevelt convened Congress to vote on the war. He didn’t say, “I’m throwing in about ten of my pet projects.”
It’s a bit ironic that a few days after Obama is telling people not to fear the future, Buffett says the economy has “fallen off a cliff.”