Obama: 'The Private Sector Is Doing Fine' (Updated: Romney Camp Responds)
11:09 AM, Jun 8, 2012 • By DANIEL HALPER
President Obama said today in a White House press conference that "the private sector is doing fine."
"The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the past 27 months, over 800,000 just this year alone," Obama said. "The private sector is doing fine."
The president's assessment of the private sector comes at a time when the economy is indisputably weak, when unemployment is above 8 percent, and when average incomes for Americans are falling.
UPDATE: The Romney campaign responds with this statement from spokesman Ryan Williams:
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