"the private sector is doing fine" ReallY?

Anyone else here think that "the private sector is doing fine"? And the Dips think Romney is out of touch.

 

Florida is not doing well. People can play with numbers but the reality is I know too many people who lost everything and had to move out of state or into rentals.

 

My guess is our resident Obamaites will have to ignore this question as there hasn't been any defense offered, as far as I'm aware.

 

Obama clarifies: ‘The economy’s not doing fine’

June 8, 2012

On defense over the defining issue of his reelection fight, President Barack Obama clarified Friday that "the economy is not doing fine" and accused Republicans of playing "political games" by turning his own earlier words against him.

Obama had triggered the onslaught a few hours beforehand by telling reporters that "the private sector is doing fine" and that "where we're seeing weaknesses in our economy" is in cash-strapped states and cities that are cutting jobs for teachers, firefighters, police and other workers.

Republicans, including Mitt Romney, pounced on the remark, saying it showed the president was out of touch.
So, in a brief photo opportunity, Obama revisited the issue.

"It is absolutely clear that the economy is not doing fine. That's the reason I had the press conference," said the president, who had called reporters together to press Congress to pass his stalled jobs program. "That's why I spent yesterday, the day before yesterday, this past week, this past month, and this past year talking about how we can make the economy stronger," he said.

"The economy is not doing fine. There are too many people out of work. The housing market is still weak and too many homes underwater. And that's precisely why I asked Congress to start taking some steps that can make a difference," Obama said. But he also insisted that "we've actually seen some good momentum in the private sector."

http://news.yahoo.com/blogs/ticket/obama-clarifies-economy-not-doing-fine-211116879.html

 

Funny, record profits are being seen by Wall Street, the energy industry, the auto industry, the banking sector, and countless other sectors of the economy. Bonuses are at record levels the stock market is over 6000 points higher than when Obama took office. We have had 27 straight months of private sector job increases. But for some reason the RW'er have to push doom and gloom in order to scare people into electing them. Of course Romney jumps right out and says that we have too many teachers, firefighters and police. The private sector is sitting on roughly 2-3 trillion dollars they could invest but they would rather be seen as suffering and the RW’ers are all too happy to propagate the myth of the suffering private sector. Idiots!

 

I've always said the left tries to embarrass the right by twisting the words of the right while the right can embarrass the the left by simply repeating the left's own words back to them.

 

You mean while taking their words out of context and cutting off sentences in the middle to give them a completely different meaning? Have you completely forgotten Brietbart since he died? You're such a RW tool.

 

Yes. Plus, we don't have to twist Obama's words. Here they are:

"THE ECONOMY IS NOT DOING FINE".

"IT IS ABSOLUTELY CLEAR THAT THE ECONOMY IS NOT DOING FINE"

 

But he had just said "the private sector is doing fine"? Are you trying to say he flip-flops according to the political winds?

And, as it stand now, Obama stands to be the first president to have a net DECREASE in employment through his term.

 

Exactly!!

 

How can that be? If you listen to the lefties (& the resident parrots) you'd have to believe "the private sector is doing fine".

 

That is what happens when they only listen to MSNBC and mediamatters

 

Funny how Obama says private sector and you hear economy. He never did say at any point that the economy is doing fine, he said that the private sector is doing fine and as he pointed out and I pointed out, that is a factual statement. But of course, you ladies will jump on any Fox News talking point and cherry pick one sentence out of an entire press conference to make one more lame point that will be forgotten tomorrow. You never bother to post Obama's entire statement because then you would look even more foolish. So I will. And you look more than foolish, you look like idiots.

Question: What about the Republicans saying that you're blaming the Europeans for the failures of your own policies?

President Obama: The truth of the matter is that, as I said, we 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, you know, 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.

And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry? Because the recipes that they're promoting are basically the kinds of policies that would add weakness to the -- to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.

 

Funny! Three of you here and you still can't best me. You are collectively and individually pathetic.

 

Yep!

 

Make Up Your Mind: President Obama Bragged About Reducing Government Employment While Pushing for More Government Employment

Although a few pundits are disregarding President Obama’s “the private sector is doing fine” gaffe as a big non-story, a growing number of people believe it’s indicative of a much bigger issue, namely, the president’s struggle with consistency.

During the president’s news conference last Friday, he said we should be most concerned with the public sector.

“The private sector is doing fine,” President Obama said.

“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 government in dealing with fewer revenues coming in,” he added.

“And so, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is ‘how do we help state and local governments and how do we help the construction industry,’” the president said.

Of course, one can easily argue that real economic growth doesn’t come from the public sector. It comes from the private sector (where do you think the public sector, an area that doesn’t produce a tangible product that can be brought to market, gets its funding?). But this article isn’t about which area of the economy generates wealth. It’s about the president’s consistency.

For instance, just last month during a speech at the State University of New York at Albany, President Obama bragged about reducing the size of the federal workforce.

“Just about every time we put these policies up for a vote, the Republicans in Congress got together and they said no,” the president said in reference to his economic proposals, “And this is at a time when we know one of the biggest drags on our economy has been layoffs by state and local governments — that’s true all across the country.
Okay, so far this isn’t any different than what the president said last Friday.

“And it’s worth noting, by the way — this is just a little aside — after there was a recession under Ronald Reagan, government employment went way up,” the president said.

“It went up after the recessions under the first George Bush and the second George Bush. So each time there was a recession with a Republican President, compensated — we compensated by making sure that government didn’t see a drastic reduction in employment,” he added.

Alright, a little off script, but no big difference.

“The only time government employment has gone down during a recession has been under me,” the president said, practically beaming. “So I make that point just so you don’t buy into this whole bloated government argument that you hear.”

So, wait, is the president bragging about reducing federal employment? Didn’t he say last Friday that that was the key to economic salvation?

“f Congress had said ‘yes’ to helping states put teachers back to work and put the economy before our politics, then tens of thousands more teachers in New York would have a job right now,” the president said.
“That is a fact. And that would mean not only a lower unemployment rate, but also more customers for business,” he added.

Wait — then what was that bit about reducing government employment? Was that a good thing? This is confusing. What’s more, this isn’t even the first time the Obama campaign has tried to win over voters with contradictory messages.

“In April, he [sic] Obama reelection campaign simultaneously embraced a seemingly contradictory strategy of painting Republican presidential nominee Mitt Romney as both a conservative extremist who leans furthest to the right as any GOP presidential nominee has since Barry Goldwater and also a coreless flip-flopper whose singular ambition is to be president,” writes Mediaite’s Noah Rothman.

“An ever increasing number of observers are uncomfortable with the amount of glaring reversals that the Obama administration has embraced. Sooner or later, media organizations begin to risk their credibility by not calling the President’s team out on these inconsistencies,” he adds.

http://news.yahoo.com/mind-presiden...ment-employment-while-035204166--finance.html

 

Remember we're talking about BO here...you never know from one day to another what he'll say, what he believes, etc. He's for sale to the highest bidder!