Gross Quotes - page 11
The world's second-richest person called on Washington policymakers to adopt fundamental reforms on such costs to address what he called a "national emergency."
He said health care eats up 17 percent of U.S. gross domestic product, at a time when many other countries pay only nine or 10 percent of GDP but have more doctors, nurses and hospital beds per capita.
"It's like a tapeworm eating at our economic body," Buffett said on CNBC television.
"If it was a choice today between Plan A, which is what we've got, or Plan B, which is the Senate bill, I would vote for the Senate bill," he said. "But I would much rather see a Plan C that really attacks costs, and I think that's what the American public wants to see."
Rising costs, Buffett said, are holding back an economy that faced an "economic Pearl Harbor" in late 2008 when capital markets seized up.
Warren Buffett
The climate of his mind is so salubrious, so invigorating, that dull thoughts and heavy cares are dispelled by contact with it.
And is not this the true end of scholarship? It is to make us wise, of course, but what is the use of being wise if we are not sometimes merry? The merriment of wise men is not the uninformed, gross fun of ignorant men, but it has more kinship with that than the pinched, frightened fun of those who are neither learned nor ignorant, gentle nor simple, bound nor free. The idea that a wise man must be solemn is bred and preserved among people who have no idea what wisdom is, and can only respect whatever makes them feel inferior.
Robertson Davies