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Buffett: US Economy Better Than Presidential Hopefuls Say

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"The babies being born in America today are the luckiest crop in history."

OMAHA, Neb. (AP) — The United States' economy is in better shape than the presidential candidates make it seem, investor Warren Buffett said Saturday, even though businesses like his still face challenges.

In his annual letter to Berkshire Hathaway shareholders, Buffett didn't name specific candidates or issues, but noted that the negative drumbeat about the economy, health care reform and income inequality may get voters down about the future.

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