Warren Buffett Interview says we will have a natural correction in the economy – Seattle Real Estate – Homes For Sale – Seattle Real Estate Absorption – http://www.ThachRealEstateGroup.com

For the second month is a row, the U.S. economy barely added jobs. The news quickly dashed hopes that the economic recovery is getting back on track.

One man remains optimistic. Warren Buffett appeared on Bloomberg TV this morning as the numbers came in. His response: “We have gone through, I don’t know how many, perhaps 15 recessions. Our system overshoots periodically. And in this particular case, we had a huge bubble. So the fact that there is a correction should not be unexpected. But our system always comes back and will this time. It already is.”

So can Barack Obama expect a jobs recovery by the election? Buffett thinks it’s a possibility.

“I think there is a good chance of that. We will come back big time on employment when residential construction comes back.”

See the full interview below:

Tips: Stats say we have too many homes and we will see the market naturally correct itself More jobs will be created in business when there is a demand for your companies goods.