[0:00]
QuestionerIn your letter this year, you really took aim at some of the politicians who have been going around saying that things aren't going well in this country. You said that things are strong here. Is that a shot at thinking we don't need to make America great again?
WarrenWell, America has never been greater. I mean, you can look at, you know, where we stand. I mean, it will be greater in the future, but America's never been greater. I mean, this is the best time to be alive in the history of the world. I mean, in terms of medicine, transportation, entertainment, you name it, or just in terms of aggregate wealth. Now, the distribution has gotten more and more skewed in recent years, and it should be skewed to quite a degree. But I would say that skewing has been excessive. But as I mentioned in the letter, I live in an upper middle-class neighborhood. I mean, the median income might be $100,000. a year or something like that. And every person in that neighborhood lives better than John D. Rockefeller Sr. lived at the time I was born. In one man's lifetime, an upper-middle-class neighborhood has evolved to a way of life that's better than the richest man then in what was the best country in the world in 1930 was able to achieve. He had power and prestige and all of that. But in terms of medicine, entertainment, transportation, you name it. my neighbors are better off than he was. So this country works, and it's working now, but it leaves, it's leaving a lot of people behind that are very good citizens, and we can do more for them, but we don't want to do it in terms of screwing up the Golden Goose.