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Obama walks back comment about private economy 'doing fine'
The Hill ^ | June 8, 2012 | Amie Parnes

Posted on 06/08/2012 1:04:02 PM PDT by jazusamo

Hours after saying the private sector is "doing fine," President Obama on Friday walked back those remarks, saying it's "absolutely clear" the economy is not fine.

"That's precisely why I asked Congress to start taking some steps to make a difference," Obama said.

Obama corrected himself at a press availability in the Oval Office just hours after after he made the original remark to reporters in the White House briefing room.

Republicans, recognizing a political gift, had pounced on Obama's initial remarks, which came a week after a dismal jobs report found the economy added only 69,000 jobs in May.

They compared Obama's comment to Sen. John McCain's (R-Ariz.) election-changing comments when he said, "the fundamentals of our economy are strong."

Obama's opponent, Mitt Romney, immediately slammed Obama, accusing him of being "out of touch."

"I think he's really defining what it means to be out of touch with reality," Romney said. Speaker John Boehner echoed that sentiment on Capitol Hill, saying, "Take it from me, the private sector is not doing well."


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: 2012; economy; obama
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To: treetopsandroofs

Well, here’s the exact quote from the White House website:

“THE PRESIDENT: The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. THE PRIVATE SECTOR IS DOING FINE. Where we’re seeing weaknesses in our economy have to do with state and local government — oftentimes, cuts initiated by governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in. “

http://www.whitehouse.gov/the-press-office/2012/06/08/remarks-president

Of course, it wouldn’t surprise me a bit if they edited that part out real quick...


21 posted on 06/08/2012 1:24:27 PM PDT by RandallFlagg (Look for the union label, then buy elsewhere.)
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To: Kozak; kevinm13; All

http://race42012.com/2012/06/08/rnc-ad-doing-find/


22 posted on 06/08/2012 1:25:31 PM PDT by shalom aleichem
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To: shalom aleichem

Thanks for the info. I figured the segmented quotes had been “taken out of context” to make it look as good as possible for him, which was still Obama-awful.


23 posted on 06/08/2012 1:25:48 PM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: jazusamo
Obama asked the teleprompter, “You keep telling me to say the word economy, what does the word economy mean?”.

Empty suit squared.

24 posted on 06/08/2012 1:26:31 PM PDT by hflynn
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To: jazusamo
I'm almost done reading “The Amateur” - this whole fiasco could have jumped off the pages of the book! LOL!
25 posted on 06/08/2012 1:26:31 PM PDT by Da Bilge Troll (Defeatism is not a winning strategy!)
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To: treetopsandroofs

I heard is statement afterwards in full.

“I misstoke the question referring to MY private economic condition. Hell, I earned $60 million last month and still had plenty of time for golf and Michelle went on lots of free vacations. But of course, the other people’s private economy is lousy - and I feel their pain.”


26 posted on 06/08/2012 1:27:43 PM PDT by 21twelve
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To: jazusamo
I haven't seen the clip anywhere else so I searched Youtube and found this.

OBAMA: The Private Sector is Doing Fine? (0:28)

27 posted on 06/08/2012 1:27:59 PM PDT by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: TexasCajun
You always know when Bari speaks off prompter! He's an idiot.

Exactly so, you nailed it.

28 posted on 06/08/2012 1:29:21 PM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

We got a new saying around our job site.. Its, “The guy is dumber than Obamer.”


29 posted on 06/08/2012 1:30:02 PM PDT by crz
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To: treetopsandroofs

check the RNC ad they pounced with. LOL (I posted link)
http://race42012.com/2012/06/08/rnc-ad-doing-find/


30 posted on 06/08/2012 1:30:50 PM PDT by shalom aleichem
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To: jazusamo

What a complete flaming jerkball.


31 posted on 06/08/2012 1:31:31 PM PDT by Attention Surplus Disorder (A conservative, a liberal and a moderate walk into a bar. Bartender says "what'll it be, Mitt?")
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To: crz

OK , fire the missiles , Oh wait ,let me clarify that


32 posted on 06/08/2012 1:31:31 PM PDT by molson209
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To: Tex-Con-Man

Good to hear his crazies are beating him up. :-)


33 posted on 06/08/2012 1:31:43 PM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

That didn’t take long.


34 posted on 06/08/2012 1:32:24 PM PDT by jersey117
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To: shalom aleichem

Good ad, thanks. Glad to see they didn’t waste any time doing it.


35 posted on 06/08/2012 1:34:30 PM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: RandallFlagg
“THE PRESIDENT: The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone."

Does everyone know the definition of a Green Job now? If not you won't want to miss this...

Darrell Issa explores the Obama administration definition of Green Jobs [Must see video]

I had no idea that I was part of the Recovery but I planted potatoes in a barrel this year. GREEN JOB!

36 posted on 06/08/2012 1:35:43 PM PDT by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: TexasCajun

After the fiasco at the dinner in L.A. where he tried speaking off the cuff and stumbled into a BJ joke, when are his handlers’ going to realize he can’t be let loose without a teleprompter? He is not articulate, he is simply a fluent reader. Oh yeah, he is stupid. Any more questions about why he won’t release his college transcripts?


37 posted on 06/08/2012 1:41:04 PM PDT by BLOC77 (bloc07)
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To: TigersEye
That figures he'd say the problem lies with state and local workers being laid off.

He doesn't have a clue where the money comes from for those employees, it isn't the federal government.

He's a complete idiot.

38 posted on 06/08/2012 1:43:34 PM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

All the Romney campaign has to do is do like Gingrich suggested. Follow the dork around and simply pick him apart since he will supply the ammo to destroy him and his party.

This will go down as the nastiest campaign in the history of this nation. And that is saying a lot, since there has been some real dandy election campaigns.


39 posted on 06/08/2012 1:44:16 PM PDT by crz
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To: jazusamo

“Obama corrected himself at a press availability in the Oval Office”

LOL @ “press availability”


40 posted on 06/08/2012 1:44:33 PM PDT by rhoda_penmark
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