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Buffett sees US economy growing
Published in The Saudi Gazette on 04 - 04 - 2015

OMAHA, Neb. — Investor Warren Buffett says the economy continues to grow steadily, but too many people continue to miss out on the American dream.
Buffett told CNN Thursday that he doesn't see any real sign of weakness in the economy. Buffett looks at reports from the more than 80 businesses his Berkshire Hathaway conglomerate owns for insight.
But Buffett reiterated his concerns about income inequality in this country while the super-rich continue to thrive.
He said that America should be able to do more to help people who are struggling do better. Instead of increasing the minimum wage, Buffett said he favors adjusting the federal earned income tax credit to help people who don't earn much because it's won't prompt businesses to cut jobs.
The billionaire has also long supported higher taxes on the ultrarich, including himself. Buffett is always looking for potential investments for his company, but he doesn't see many bargains in the stock market these days. – AP


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