Weekend Economists Chart the Bradbury Chronicles, June 8-10,2012

[Demeter]

20. GOP Slams Obama For Saying Private Sector's 'Doing Fine'

http://www.npr.org/blogs/itsallpolitics/2012/06/08/154579423/gop-slams-obama-for-saying-private-sectors-doing-fine?ft=1&f=1001

President Obama opened himself up to withering Republican attacks Friday via an off-hand statement he made in a brief White House news conference.

Obama seemed to suggest that matters were going swimmingly for the private-sector part of the economy and that it was the reduction of government jobs that was the real problem.

Asked to respond to Republican charges that he was blaming Europe's economic policies for the alleged failure of his own domestic economic policies, Obama said:

"As I've said, we created 4.3 million jobs over the last two (years), 27 months, over 800,000 just this year alone. The private sector is doing fine."

Screech!!! As soon as the president uttered those words, it was obvious he and his campaign would be hearing this line repeated back at them for a while, and not in a good way...

YOU GOT TO SEE THE REST OF THIS--IT REMINDS ME OF LAUGH-IN OR THE SMOTHER'S BROTHERS SHOW.