Warren Buffett says people like him are the problem with the U.S. economy. With a net worth of more than $75 billion, Buffett is currently the second richest man alive, according to Forbes. As the CEO of investing house Berkshire Hathaway, he is hallowed as the Oracle of Omaha. But for all his personal success, Buffett says the issue really is the 1 percent. "The real problem, in my view, is — this has been — the prosperity has been unbelievable for the extremely rich people," says Buffett on PBS Newshour. "If you go to 1982, when Forbes put on their first 400 list, those people had [a total of] $93 billion. They now have $2.4 trillion, [a multiple of] 25 for one," he says. "This has been a prosperity that's been disproportionately rewarding to the people on top."

The real problem, in my view, is ... the prosperity has been unbelievable for the extremely rich people. Warren Buffett CEO of Berkshire Hathaway

The stock market has been trending upwards since the crash in March 2009 and the U.S. economy is growing at roughly 2 percent, says Buffett on Newshour. That growth rate (while a third less than the 3 percent rate President Donald Trump has been touting) is a healthy number for the economy and will improve the quality of life of many Americans. It will add "$19,000 of GDP per person, family of four, $76,000 in one generation," says Buffett. "So, your children and your children's children and all that, they will live far, far, far better than we live with 2 percent growth." And yet, many individuals are stuck. "The economy is doing well, but all Americans aren't doing well," says Buffett. Part of the reason some are struggling, says the octogenarian investor, is that the automation and digitization of the U.S. labor force is happening faster than employees can be retrained.

"We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around," says Buffett. "There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources." As employees fall out of the labor force because their skills are no longer utilized, Buffett says it ought to be the responsibility of society to take care of them as they are retrained to re-enter the workforce.