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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BING NEWS:
  • Obama clarifies: Economy 'not doing fine'
    Obama’s comment —that “the private sector is doing fine” — immediately became a flashpoint for Mitt Romney and congressional Republicans, who quickly attacked the president for being out of touch about the state of the economy. Within hours ...
    06/12/2012 - 6:45 am | View Link
  • Obama Campaign's Cutter: Obama has solutions on the economy, Romney’s solution is to fire more people
    Obama Campaign's Stephanie Cutter clarifies President Obama's comments saying the private sector is doing fine ... O'BRIEN: We'll play his comment and his ad. I think when the president says something fine and pretty much immediately afterward says ...
    06/10/2012 - 1:00 pm | View Link
  • Obama clarifies: ‘The economy's not doing fine'
    Obama had triggered the onslaught a few hours beforehand by telling reporters that "the private sector is doing fine" and that "where we're seeing weaknesses in our economy" is in cash-strapped states and cities that are cutting jobs for teachers ...
    06/8/2012 - 10:39 am | View Link
  • VIDEO: President Obama clarifies his ‘private sector doing fine’ remark
    However, what got all the attention was one remark, when the President said that the “private sector is doing fine.” This afternoon, President Obama clarified that remark, as seen in the video clip to the left. Republicans, including presumptive ...
    06/8/2012 - 10:01 am | View Link
  • 'The economy is not doing fine,' Obama clarifies
    Washington (CNN) - President Barack Obama, walking back his assertion at a press conference the "private sector's doing fine," acknowledged Friday that "it is absolutely clear that the economy is not doing fine." The struggling economy, he clarified ...
    06/8/2012 - 8:43 am | View Link
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