Private Sector 'doing Fine'? Romney Pounces On Obama Remark

The president tries to backpedal as Republicans turn the tables and cast him as the one who's out of touch with economic reality.WASHINGTON — Aware that the lagging economic recovery could dull President Obama's reelection chances, Democrats have taken solace in a potential trump card — a Republican challenger they have ceaselessly portrayed as out of touch, based as much on Mitt Romney's verbal miscues as on his personal wealth and business record.

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