President Obama benefited from Warren Buffett's endorsement during the campaign, said John Dickerson in Slate, but now Obama really needs the investment guru's help. Buffett told financial cable network CNBC that the economy has "fallen off a cliff" (watch the video) and that Obama needs to put other problems on the back-burner so he can focus on winning the economic "war." Obama would be wise to do as Buffett says.
Sorry, said Rochelle Riley in the Detroit Free Press, but "Warren Buffett is wrong." Demanding that President Obama "focus only on the economy" might make sense to a billionaire, but "those of us who won't make Buffett's monthly salary in our lifetimes" want a president who can also keep an eye on "the post-crisis challenges of fixing the schools, improving medical care, expanding health care to all Americans, and saving urban America."
It's interesting to note that the Obama administration attacked Jim Cramer for daring to criticize White House economic policy, said Ed Morrissey in Hot Air, but hasn't said a word to counter Buffett's attack on the president's handling of the economy. "You suppose they're afraid to point out that the man who gave Obama most of his credibility on economics during the campaign has now discovered that Obama is in over his head?
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- This is what happens when Republicans actually enact their radical agenda
- 6 things the happiest families all have in common
- How I dug myself out of debt — and stayed that way
- Russia is stealthily threatening America with nuclear war
- 43 TV shows to watch in 2014
- The science of sex: 4 harsh truths about dating and mating
- 13 Urban Outfitters controversies
- Your 2-year-old doesn't need to go to school
- Will the Higgs Boson destroy the universe in a cosmic death bubble?
- America is doomed! (And other thoughts on our gloomy historical moment.)
Subscribe to the Week