President Obama said this at a White House press conference this morning:
“The private sector is doing fine.”
UPDATE – Romney’s reaction to Obama’s ludicrous statement (speaking at a rally in Council Bluffs, Iowa):
MITT ROMNEY: “Now this morning, the President had a press conference. I don’t know if you heard it, but he called a press conference and pulled people in and said a number of things, and one of the most interesting things he said was this: he said the private sector is doing fine. He said the private sector is doing fine. Is he really that out of touch? I think he’s defining what it means to be detached and out of touch with the American people. Has there ever been an American president who is so far from reality as to believe in an America where 23 million Americans are out of work, or stopped looking for work, or can only find part-time jobs and need full-time jobs, where the economy grew in the first quarter of the year at only 1.9 percent, where the median income in America has dropped by 10% over the last four years, where there have been record number of home foreclosures, for the President of the United States to stand up and say the private sector is doing fine is going to go down in history. It’s an extraordinary miscalculation and misunderstanding by a President who is out of touch, and we’re going to take back this country and get America working again.”
If you’re sick of a President who is out of touch with the real economy and are ready for a President who understands the private sector, donate to the campaign today.