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Buffett on Small Business: ‘It’s an economic war’

Buffett on Small Business: ‘It’s an economic war’

FromSquawk Pod


Buffett on Small Business: ‘It’s an economic war’

FromSquawk Pod

ratings:
Length:
27 minutes
Released:
Dec 15, 2020
Format:
Podcast episode

Description

Berkshire Hathaway Chairman Warren Buffett and Goldman Sachs CEO David Solomon address the biggest challenges facing the backbone of the American economy: the thousands of small businesses struggling with no sign of federal relief. “It’s an economic war,” says America’s best-known investor, about the uneven prospects of recovery for smaller firms. Buffett urges Congress to do something - now - and start with a new Paycheck Protection Program. “Just renew the PPP and get us to the end of the tunnel.” A bipartisan group in Congress released $908 billion legislation yesterday for economic stimulus. The proposal includes about $300 billion to support small businesses, a group exceptionally hard-hit by the economic slowdown of the pandemic. 
Released:
Dec 15, 2020
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.