It has been said that President Obama on Friday “walked back a statement earlier in the day that “the private sector is doing fine.
But in truth, the president doubled down, explaining again his argument that the only real problem that the private sector really has is the decline in government hiring as federal stimulus funds have dried up.
The attempt at a do-over was more noteworthy to most because the president flubbed again in trying to undo his previous flub, saying “It is absolutely clear that the economy is not doing fine. Thats the reason I had the press conference. (Imagine if George W. Bush had said that he held a press conference to fix the economy.)
Read more: http://www.foxnews.com/politics/2012/06/11/obama-private-sector-stumble…