I was born in August of 1930. You know, if a genie had come to me and said, “Warren, in the next two years, the Dow is going to go from 180 down to 40, there’s going to be 4,000 banks closed. You know, there’s going to be a dust bowl in Nebraska where you live, and farm prices are going to go to hell, and in another 10 years we’re going to have a surprise attack by an enemy that looks like it’s going to win the war for a while, we’re going to have nuclear bombs”—you know, I’m not sure I would have come out.… But the truth was that America, in the 80 years since I’ve been born, the average person lives six times better than when I was born.
The united states since 1930
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