“For 240 years it’s been a terrible mistake to bet against America, and now is no time to start,” he wrote. “America’s golden goose of commerce and innovation will continue to lay more and larger eggs.”
Mr. Buffett cautioned, though, that while the “pie to be shared by the next generation will be far larger than today’s,” the way it is divided will “remain fiercely contentious.” Many of the negative effects of innovation and greater efficiency tend to harm the worker, he said.
'via Blog this'