Warren Buffett says years of US growth 'certainly lie ahead'

Buffett said American businesses will also continue to innovate

Billionaire Warren Buffett remains optimistic about the US economy and the nation’s prospects for the future. 

Buffett wrote an essay for Time magazine that appeared online Thursday, part of an issue edited by Bill Gates that was dedicated to “The Optimists.” In his essay, Buffett explained why he often says that most American children will live better than their parents.

Buffett said that even if the economy continues to grow at a modest pace of about 2 per cent a year, the next generation of Americans will fare better because the economy will still grow faster than the US population does. Buffett