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Billionaire Warren Buffett's interview with CNBC's Becky Quick was picked up by ABC's Betsy Stark as well as by Chuck Todd on NBC, CNBC's corporate sibling. "It is falling off a cliff," was the key Buffett soundbite, referring to the economy. "People have really changed their behavior like nothing I have ever seen." Buffett, "one of the President's most trusted economic advisors," as NBC's Todd reminded us, criticized Barack Obama's management of the bully pulpit: "You need the President of the United States to make it very clear." George Stephanopoulos, anchor of ABC's This Week, theorized that a muddled message might be a function of the ambition of Obama's agenda: "The phrase is overloading the circuit." ABC's Stark pointed out that this new administration "has been minting recovery programs at a record pace"--she ticked off stimulus and foreclosure prevention and credit lines and bailouts--"despite it all the economy has gone from bad to worse." It is possible, ABC's Stephanopoulos added, "that a second stimulus package might be necessary."
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