Warren Buffett’s Surprise Take on President-elect Trump

This is definitely something that you will not hear often. Multi-billionaire and investment mogul Warren Buffett, a lifelong Democrat, is calling for the people of the United States to come together to support newly minted President-elect Donald Trump.

Speaking over the weekend, Buffett acknowledged the poor favorability ratings of both of the candidates and is called for the deeply divided electorate to “coalesce” around the new leader of the free world. Despite raising his disagreement with some of Trump’s policies, Buffett said it is important to come together. “That doesn’t mean they can’t criticize him or disagree with what he’s doing maybe, but we need a country unified [behind] the legitimacy of the president, said Buffett. This all comes at a time when anti-Trump protests rage throughout the country. Buffett added that Trump still “deserves everybody’s respect.”

Trump’s rise to power came on a wave of support from the working middle-class that resents free trade and the market economy. Buffett even went so far as to say the economic recovery is “softer than people think.” He added, “The market system works, but it doesn’t work for everybody. It works in the aggregate.”

Buffett is absolutely right. Most of the new wealth creation in the United States since the financial crisis of 2008 has been relegated to the top ten percent of the population. That does not sound like a system that is working for everyone. Trump’s ride to the White House was based on a rejection of this concept and his artful branding and marketing of himself as the one to change this system was a successful one. However, Buffett is also correct in his opinion on Trump. We must, as a nation, come together behind President-elect Donald Trump if we hope to continue economic growth in the United States. Even if you disagree with him, the President-elect still deserves respect as he is about to hold the most revered position in the land.

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