Private Sector, 2012 Presidential Election | featured news

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Obama’s political gaffe will be fodder in general election

...The point Obama was trying to make, however inartfully, was that the private sector was performing far better than the public sector...

Obama Clarifies 'Doing Fine' Comment On Private Sector Jobs

President Barack Obama, seeking to clarify comments about the strength of the U.S. economy, said later Friday it is "absolutely clear" that the U.S. economy is "not doing fine." Obama spoke hours after saying in a White House news conference that "the private sector is doing fine." Republicans pounced on those comments, saying they showed Obama had a lack of understanding about the nation's economic woes.

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