Obama Retreats On “Private Sector Doing Fine” Comment

For those who missed it, here’s the Democrats clueless, completely out of touch President

Of course, after getting slapped around by Romney, the GOP, and pretty much everyone else

(The Hill) The verbal gaffe offered a political gift to Republicans and capped a miserable week for the president, who was on the losing side of Wisconsin’s recall election and saw his campaign beaten in fundraising by Republican Mitt Romney for the month of May.

“It is absolutely clear that the economy is not doing fine,” Obama said in his correction. “That’s the reason I had a press conference. That’s why I spent yesterday, the day before yesterday, this past week, this past month and this past year talking about how we can make the economy stronger.

“There are too many people out of work, the housing market is still weak and too many homes underwater, and that’s precisely why I asked Congress to start taking some steps that can make a difference,” Obama said.

That’s why he has spent so much time campaigning as of late. That’s why he decided to hold a press conference and Blame Republicans for failing to pass Obama’s sticky note of a to do list which includes no details, not plans. It can’t even be considered a rough outline. Republicans have passed dozens of job related bill which are currently stuck gathering dust over in the Democrat controlled Senate.

Interestingly, the Washington Post had an article up Friday morning discussing how a good chunk of our economic problems were the fault of Europe’s economic problems (I wrote a post on it Friday morning, then found something more interesting), then, Obama used the PC to partially blame Europe himself. And that’s how the out of touch remark appeared

Q What about the Republicans saying that you’re blaming the Europeans for the failures of your own policies?

THE PRESIDENT: The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government — oftentimes, cuts initiated by governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.

Some have claimed that Obama meant to say it is “not” doing well. In full context, we can see, in fact, that Obama did mean to say that the private sector is doing fine. It’s pretty early in the true general election season, but I reckon that we will see that quote quite a bit between now and November.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach.

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