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Bolo Boffin

(23,796 posts)
Fri Jun 8, 2012, 04:45 PM Jun 2012

Obama: "It is absolutely clear that the economy is not doing fine."

http://firstread.msnbc.msn.com/_news/2012/06/08/12127428-obama-it-is-absolutely-clear-that-the-economy-is-not-doing-fine?lite?ocid=twitter

Under fire from Republicans, President Obama clarified an earlier assessment of the health of the private sector, explaining that it's "absolutely clear" the economy is not doing "fine."

The president, in response to a question Friday afternoon in the Oval Office, backtracked somewhat on his comments his morning that "the private sector is doing fine."

"It is absolutely clear that the economy is not doing fine. That's why I had a press conference," Obama said.

..."You know, and what I'm interested in hearing from Congress and Mr. Romney is what steps are they willing to take right now that are going to make an actual difference?" Obama asked. "And so far, all we've heard are additional tax cuts to the folks who are doing fine, as opposed to taking steps that would actually help deal with the weaknesses in the economy and promote the kind of economic growth that we would all like to see."
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