The Wrong Campaign Gaffe Comparison: Mitt Romney cares more about the poor than Barack Obama cares about the private sector.
"As he often does, Barack Obama made a Freudian slip on Friday that once again revealed his Marxist approach to political economy. This is unsurprising, now that we have confirmation that he ran as the candidate of a socialist party in the nineties, despite denials by his campaign four years ago. In saying that “the private sector is doing just fine,” many, even some of his allies, have accused him of simply being out of touch with economic reality — a charge for which there is an abundance of other evidence. Some, including the Romney campaign, have implied that it was Obama’s own McCain moment, recalling when the Republican nominee said that the “fundamentals of the economy were sound” amidst the imploding credit markets in the fall of 2008."
Also here: Another Fine Mess Obama's Gotten Us Into
The Private Sector Is Not Fine, the Public Sector Is Still Fat "There is potential good news in all of this. Obama, in continuing his tired push for more stimulus to state and local governments which won’t reform themselves while making life miserable for a private sector which he still insists is “doing fine,” appears to be sowing the seeds of his own November defeat to a degree where the non-stop establishment press excuse-making and cover-ups still might not be able to prevent it."
Neal Boortz: Obama Recovery "Let’s get something straight .. the recession has been over for three years as of this month (June). That means that for most of Dear Ruler’s presidency, we have lived under the ObamaRecovery, and it has been the worst economic recovery in American history. Those are facts." More here.
Hoover Institution: Is private sector employment fine in absolute or relative terms?
"Even if government job growth were to resume, our economy needs to create millions more private sector jobs to be restored to full health."
"This chart tells a very different story. We’re still down 4.6 M private sector jobs from the employment peak in January 2008, compared to down 407,000 government jobs. For every net lost government job since employment peaked in January 2008, the U.S. economy has lost more than eleven private sector job."
Fred Barnes: Slow Learner "True, the president routinely feigns love for free markets. “We believe in the marketplace,” he declared at a fundraiser with Bill Clinton last week. “We believe in entrepreneurship and rewarding risk-taking.” This was followed, as always, by a “but” and the claim that government is at the core of what made America “an economic superpower.”"
The Mayor of Las Vegas recognized Mr. Obama as a slow learner over two years ago:
Also here: Another Fine Mess Obama's Gotten Us Into
Neal Boortz: Obama Recovery "Let’s get something straight .. the recession has been over for three years as of this month (June). That means that for most of Dear Ruler’s presidency, we have lived under the ObamaRecovery, and it has been the worst economic recovery in American history. Those are facts." More here.
Hoover Institution: Is private sector employment fine in absolute or relative terms?
"Even if government job growth were to resume, our economy needs to create millions more private sector jobs to be restored to full health."
Fred Barnes: Slow Learner "True, the president routinely feigns love for free markets. “We believe in the marketplace,” he declared at a fundraiser with Bill Clinton last week. “We believe in entrepreneurship and rewarding risk-taking.” This was followed, as always, by a “but” and the claim that government is at the core of what made America “an economic superpower.”"
The Mayor of Las Vegas recognized Mr. Obama as a slow learner over two years ago:
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