Warren Buffett: "No Double Dip Recession"

Speaking today by video to the Montana Economic Development Summit, the AP quotes him as telling those attending: "I am a huge bull on this country. We are not going to have a double-dip recession at all. I see our businesses coming back across the board."

Bloomberg feels the same way, in that all businesses are making a slow comeback and we should not be faced with any deflationary period that the double-dip recession entails. It seems that the general feeling towards the economy through some of our top economic figures in this country have no real concern for our ailing economy and see it getting better in the foreseeable future.