Like Most Billionaires Warren Buffet loses Money under Republican Presidents - Why he hates Trump
February 25, 2019
Bob Barney
Rich people are almost always liberal Democrats. That's a fact. No, they don't have genuine feelings of altruism, instead they realize that Democrats make rich people richer, and poor people poorer. It's the Plain Truth! Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation's economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.
Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders.
'It is beyond arrogance for American businesses or individuals to boast that they have "done it alone",' Buffett wrote.
Buffett also made a possible oblique criticism of Trump's bragging about U.S. economic performance, including relative to other countries such as China, where Berkshire invests in electric car maker BYD Co.
Yes, it seems that Trump's economy is lifting up middle and poorer class Americans at the expense of people like Buffet! It's about time we have a president for America!