Is Warren Buffett Right?

Buffett rails against presidential candidates who talk down economy:

Warren Buffett bemoaned the "negative drumbeat" on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc shareholder letter on Saturday, saying they are misleading Americans into believing their children will be worse off than they are.

"It's an election year, and candidates can't stop speaking about our country's problems (which, of course, only they can solve)," Buffett wrote, italicizing "they" for emphasis.

As a result of their dour outlook on the U.S. economy, many Americans now believe that their children will not live as prosperously as they themselves do, the 85-year-old Buffett said.

"That view is dead wrong: The babies being born in America today are the luckiest crop in history," Buffett said.

Buffett did not single out any presidential candidates by name. The billionaire in December officially threw his backing behind Hillary Clinton, a Democrat.

One billionaire implies that America is not great, another claims otherwise.

Not that anybody cares, but I'm with Mr. Buffett, although I prefer Bernie Sanders.