Obama Clarifies 'doing Fine' Comment On Private Sector Jobs

WASHINGTON -- 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.Read More...

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