Buffett Says Govt Should Cut Back on Economic Stimulus

Warren Buffett tells CNBC he thinks the government should reduce its efforts to stimulate the US economy now that the recovery is gradually picking up steam. On Squawk Box this morning, Buffett said that “the government really did its job there in the fall of 2008” at the height of the credit panic, but now “I don’t think we need as much monetary or fiscal stimulus as is going on.”

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