Power Lunch

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Power Lunch

Challenging Buffett's optimism


Berkshire Hathaway Chairman and CEO Warren Buffett thinks the economy is stronger than the politicians and the news media are giving it credit for. Speaking with CNBC's Becky Quick this morning, Buffett went as far as to say that, "babies being born in America today are the luckiest crop in history."

But that's in sharp contrast to more sober-minded economists and even some investors who are bemoaning the fact that the U.S. just wrapped up its record 10th straight year of sub-3% GDP growth. One of those experts is CNBC senior contributor Larry Kudlow, who says all these years of weak growth have rightfully made the middle class hopping mad.

The Buffett/Kudlow divide might foreshadow the "main event issue" of the 2016 general election, especially if Hillary Clinton ends up battling Donald Trump for the White House.

But investing and voting are two different things. While Buffett publicly supports Mrs. Clinton for president, he stands to gain with a number of his investments regardless of how weak or strong the economy is. Hourly wage-earning workers going to the polls this November are a different story.