Though the path has not been smooth, our economic system has worked extraordinarily well over time. It has unleashed human potential as no other system has, and it will continue to do so. America’s best days lie ahead.
If Buffet means the human potential for greed and self-destruction he may be right. It’s difficult to find a reason for optimism. Perhaps it is this: that the meltdown of the economy might provide an opportunity for change of a more profound kind than Barack Obama has in mind.